Density
The physical property density is the ratio between mass and volume. The density of oil is measured in kilograms per cubic metre (kg/m3) or degrees on the American Petroleum Institute (API) gravity scale. In Western Canada oil up to 900 kg/m3 is considered light to medium crude — oil above this density is deemed as […]
Undiscovered Recoverable Resources
Those resources estimated to be recoverable from accumulations believed to exist based on geological and geophysical evidence but not yet verified by drilling, testing or production.
Does fracking cause earthquakes?
Induced seismicity caused by hydraulic fracturing are small earthquakes that typically happen deep underground where the rock is being fractured. In rare instances, seismic events create anomalous vibrations that are felt on the surface. These are called anomalous induced seismicity or “felt events.” The vast majority of induced seismicity caused by hydraulic fracturing result in […]
What is a subsidy?
Government support of a particular industry or company, via direct spending and/or credit support, is deemed a subsidy.