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submitted 1 week ago by Sunshine@lemmy.ca to c/canada@lemmy.ca
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[-] supersquirrel@sopuli.xyz 17 points 1 week ago

No, it is because the tar sands have made Canada into a massive oil producer

[-] Enkers@sh.itjust.works 8 points 1 week ago

Yeah, kinda, and it's a fairly unique source of oil at that. From my understanding extraction and refinement is initially considerably more expensive than than most other sources of crude, but that's mainly due to the high upfront costs. The upside is that there's also very little falloff of production, so it'll keep producing for a long period without the need to churn through new drilling sites.

this post was submitted on 07 Apr 2025
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