Looking for facts on oil sands, natural gas facts or facts on energy in general? We have compiled some of the most frequently asked questions and answers regarding our industry here, along with some helpful resources.
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How much does Canada’s oil and natural gas industry contribute to the country’s economy?
Canada’s oil and natural gas industry is a major driver in Canada’s economy, contributing to the country’s gross domestic product (GDP), taxes and royalties, capital investment and jobs across the country.
Will we really need oil and natural gas as energy sources in the future?
Yes. For the foreseeable future, oil and natural gas are going to be important parts of the world’s energy supply as renewable energy sources alone won’t keep pace.
How many pipelines are there in Canada?
Canada currently has more than 840,000 kilometres of pipelines cross Canada, and they are all regulated.
Where do we ship our oil and natural gas?
Currently, nearly all of Canada’s oil and natural gas exports go to one customer: the United States. That’s why it’s so important that we work hard to diversify our markets.
How much foreign oil do we import each year? And which provinces use it?
In 2019, Canada imported $18.9 billion in oil from foreign suppliers. Currently, more than half the oil used in Quebec and Atlantic Canada is imported from foreign sources including the U.S., Saudi Arabia, Russian Federation, United Kingdom, Azerbaijan, Nigeria and Ivory Coast.
Which is correct – “oil sands” or “tar sands”?
The term “tar sands” was originally used in the industry’s early days to describe the tar-like consistency of bitumen. However, ‘oil’ is more accurate than ‘tar’ to describe the naturally occurring bitumen deposits.
Are the oil sands bad for the environment?
While those who are opposed to oil sands development often spread misinformation about this industry, the reality is the industry works hard to reduce environmental impacts and improve performance through constant innovation.
Natural Gas Facts
Does hydraulic fracturing cause earthquakes?
While the energy released by hydraulic fracturing (also known as fracking) can cause induced seismicity, these are rarely felt on the surface because of low magnitude.
Aren’t most (or all) oil and natural gas jobs found in Alberta?
Definitely not. In fact, Canada’s oil and natural gas industry is active in 12 of 13 provinces and territories. Using goods and services from many regions, Canada’s exploration and production of oil and natural gas is truly a national industry.
What is the industry doing to reduce greenhouse gas (GHG) emissions?
Reducing GHG emissions is an important global issue, and Canada’s oil and natural gas industry continues to reduce GHG emissions intensity using a variety of new technologies.