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The Facts on Oil Sands

The Facts on Oil Sands | Energy

Energy demand

Global needs

Global demand for energy is expected to increase 37%* by 2040 as economies in both developed and emerging countries continue to grow and standards of living improve.

Source: IEA 2014

*Growth from 2012 to 2040, New Policies scenario.


Unconventional

*Source: IEA 2014

All sources of energy, developed responsibly, will be needed to meet growth in global demand. With conventional oil supply declining, the need for unconventional resources, like oil sands, will increase.