Article: The Biggest Oil Opportunity In The World ? And How You Can Profit From It
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The Biggest Oil Opportunity In The World ? And How You Can Profit From It
Where is the second biggest deposit of oil reserves in the world?
In the oil sands region of Alberta, Canada. Oil sands are a thick, viscid mixture of bitumen, sand, clay, and water. Alberta?s oil sands is comprised of 3 regions with the Athabasca area being the largest and the closest to the surface. Underneath these gooey tar sands lie trillions of barrels of oil.
So then you may ask why have we been so dependent on Mideast oil. Why haven?t we just stayed nearby and relied on Canada? In fact, Canada is the largest supplier of crude and refined oil to the United States, having supplied 2.1 million barrels per day in 2004. But the percentage supplied to the US and other parts of the world is about to grow much larger.
The big difference between ...
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