Thursday, January 17, 2008

Crude Oil Supply - Natural Gas Demand

Energy Alberta Corporation calculated that Alberta would become a net importer of natural gas (5 bcf per day) if the proposed oil sands projects become a reality. The demand for natural gas for oil sands production is expected to increase by 300% by 2015. Oil sands production is forecasted to increase 4 fold by 2015 according to the Canadian National Energy Board.

Energy Alberta Corporation is a proposing to use nuclear technology to supply oil sands operators and Alberta with a stable glow of electricity, steam and hydrogen at the lowest cost.


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