Tar Sand Oil

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Category: Business and Industry

Date Submitted: 10/29/2015 12:49 PM

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As we noticed in the previous paragraph, the tar sands oil are generally we called the mixtures of sand, clay, water and a very thick and viscous form of petroleum. The tar sands oil corporations are expanding their businesses at a rapidly increasing rate. Thanks to the world’s greatest modern oil rush in the past few decades, the tar sands oil industry in Canada accelerated incredibly fast and so far nearly $100 billion Canadian dollars has been invested to create approximately 3,000 square km mines to extract those tar sands. The companies are now mining 1.3m barrels a day of heavy crude oil from the sands and are expected to double production to 3.5m barrels by 2011. (1)The number of those mining barrels will still increase in the future since experts expected that Canada could be the second largest oil producer in the world by the year of 2050. Tar sands oil also took up a huge portion of the whole oil production chain in Canada. In 2007, 44 per cent of Canadian oil production came from these tar sands. However, those facts only prove the benefits that tar sands oil had offered in the economy aspect. From the environmental aspect, the growing rate of tar sands industry gave people more increasing worries than the benefits that it has been given to the people.

While the tar sands corporations started their mining process, meanwhile, those beautiful landscape had disappeared and been replaced by hundreds of square kilometers of huge toxic mines. (1)Due to the massive exploiting behavior of the tar sands, the ecosystem suffered a huge destruction. The extraction of tar sands oil need to destroy those unexploited areas and make forest disappeared. Since forest has been cut out, the wetlands and living creature received damage beyond redemption. Oil firms remove and dump four tons of sand and soil for every one barrel of oil they get from tar sands, which also cause the waste of the resources.(2) On the other hand, the Carbon Intensity was also another essential...