Canada - Energy Fast Facts

• Canada, with 174 Bbbl of crude oil is second only to Saudi Arabia in crude oil reserves. Source: Canadian Association of Petroleum Producers, 2005

• Canada's oil reserves comprise approximately 4.4 Bbbl of conventional oil and approximately 171 Bbbl in its oilsands deposits. Source: Canadian Association of Petroleum Producers, 2005

• Canada is currently the ninth largest producer of crude oil in the world with enough oil to meet both domestic needs and supply export markets. Source: Canadian Association of Petroleum Producers, 2005

• Canada produces 2.7 MMbbl of crude oil daily. Source: Alberta Government, Department of Energy, 2004

• Canadian crude oil production is forecast to be 4.6 MMbbl/d by 2015 with further potential growth to 4.9 MMbbl/d by 2020. Source: Canadian Association of Petroleum Producers, 2006