Oil sands of Alberta

Now that oil prices are at an all time high the world has been looking for alternative oil reserves to supply an ever increasing demand. Alberta is the location of possibly the largest oil reserve in the world. There are lots of issues however. The environmental consequences and energy/water consumption rates of open-pit mines or steam-injection to extract the oil from the Earth are dire. The US will be trying to secure all the oil for itself while China knocks on our door. And the oil companies will not want politics to stand in the way of income.

Macleans has posted an article named "Alberta is about to get wildly rich and powerful". It does a great job of summing up the issues. Enjoy the read.