CONVENTIONAL SUPPLY OF OIL WILL SLOW DOWN

Roger R. Alahakkone Srolank Investment & Trading International Calgary In Canada, Alberta and Saskatchewan account for all of heavy oils and tar sands deposits, while the Orinoco belt in Venezuela represents that country's major deposits. In recent years as conventional oil supplies decline, more and more attention is diverted to heavy oils and tar sands. in western Canada, the major deposits of Cold Lake, Athabasca, Wabasca and Peace River, together are estimated to hold 967 billion

Feb 5th, 1990
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