- Petrochemicals helped produce the electronic device you are reading on right now.
- Mobile phones, clothing, heart valves, cosmetics, kayaks and even bubble gum are created using petroleum products obtained during the crude oil refining process.
- The International Energy Agency predicts that global oil needs will increase by another 15 per cent to 104 million barrels per day by 2040.
- Canadians consume 2.1 million barrels of oil every day.
- Canada has one of the world’s strictest regulatory approval processes for new oil developments.
Did You Know?
- Canada has the world’s 3rd largest oil reserves.
- The Canadian energy industry employs 550,000 people across the country.
- $84 billion: That’s the annual contribution new oil sands development is expected to make to the Canadian economy over the next 25 years.