Comment Re:Oil sands in Canada? (Score 1) 1250
"His projections are interesting, but he completely dismissed oil shale and the HUGE oil sand reserves in Canada"
The oil shale in Canada is no solution.
The reserves are 180 billion barrels (world demand for 6 years at todays rate) but the production is that what matters.
projected production figures
2006 1,5 mbd
2010 2.0 mbd
2015 2.5 mbd
2020 3.0 mbd
2030 5.0 mbd
Its estimated to be max 5 million barrels per day in 2030..
but then the world demand is estimated to be 120 million barrels per day (its now 80 mbd). So the oil shale will at most cover 4% of the world demand in 2030..
There is also another problem. It requires Natural gas,
so each barrel of tar sand requires alot of another energy..