Edmonton, Alberta

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Alberta Oil Sands Overview

Alberta Energy
Edmonton, AB

URL: www.energy.gov.ab.ca/OurBusiness/oilsands.asp

Second only to the Saudi Arabia reserves, Alberta's oil sands deposits were described by Time Magazine as "Canada's greatest buried energy treasure," and "could satisfy the world's demand for petroleum for the next century". The Department of Energy Alberta manages the development of provincially owned energy and mineral resources by industry and the assessment and collection of non-renewable resource revenues in the form of royalties, freehold mineral taxes, rentals and bonuses.