Social And Economic Benefits Associated With Oil Around The World
Alberta's remaining proven oil reserves are about 170 billion barrels (about 168 billion barrels in the oil sands), or about 13 per cent of total global oil reserves.
About 1.9 million barrels of crude were produced every day from the oil sands in 2011.
The energy sector (oil and gas/mining)accounted for over 22 per cent of Alberta's GDP in 2012.
As of July 2013, there were 114 active oil sands projects in Alberta. Of these, six were producing mining projects (three more are under application); the remaining projects used various in-situ recovery methods.
Benefits to CanadiansOil sands currently affects the jobs of 112,000 people across Canada outside the province of Alberta and this is expected to grow to over 500,000 jobs over the next 25 years..
Oil sands investment indirectly affects six broad sectors. In order of size, they include professional services, oilfield services, manufacturing, wholesale trade, financial services, and transportation.