Heavy Oil Investing News » Heavy oil accounts for 38 % of Canada’s total oil output

Heavy oil accounts for 38 % of Canada's total oil output

February 6, 2009 @ 12:46 am In Heavy Oil Market News

Heavy oil production accounts for 38 percent of the Canada's total oil output, according the National Energy Board, and is growing in importance as conventional supplies wane.The figure does not include bitumen processed into synthetic crudes at oil sands projects or stand-alone upgraders.

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