Energy Security Flashcards
How many proven barrels of oil are there in Alberta’s tar sands?
166 billion barrels
What is the current level of tar sands production in Canada?
2.3 billion barrels per annum
How many people are employed in Canada’s tar sands oil industry?
130,000 people
How much more carbon intensive in tar sands than conventional oil drilling?
22%
What environment has been destroyed for tar sands extraction? How much? Is this significant?
900 square kilometres of boreal ecosystem has been destroyed, but this is just 0.2% of the entire Alberta boreal forest.
How has tar sands mining impacted local wildlife?
A 2006 study found that Moose has 453 times the acceptable level of arsenic in their bloodstreams.
What is the break-even cost of tar sands production?
$80 per barrel of crude oil
How many barrels of crude oil are recoverable in the ANWR?
Between 5.7 billion and 16.6 billion according to the USGS.
Where does drilling already take place in the Arctic? What is the nature of this operation?
281,000 barrels produced per day by BP at Prudhoe Bay.
How did President Obama impact the case for drilling in the ANWR?
Obama declared additional 5 million acres of land as ‘wilderness’ in which drilling would be illegal.
What is the proposed area for new drilling in the Arctic?
The area east of Prudhoe Bay known as Area 1002.
How have local people reacted to plans for drilling in the Arctic?
Gwich’in people opposed: 7000 signed opposition position as over 70% of diet is dependent on tundra ecosystem (e.g. Caribou).
How biodiverse is the ANWR?
37 species of land mammals, eight marine mammals, 42 fish species, and more than 200 migratory bird species.
How many Caribou migrate through the ANWR each summer?
123,000 Caribou
Give an example of a leak in the ANWR associated with the oil industry?
In 1978, vandalism caused a leakage of 700,000 gallons of oil along the Trans-Alaskan Pipeline system.
Describe the issue of ‘oil field sprawl’ in the ANWR?
Over 1000 square miles of arctic tundra now covered by oil fields.
How much technically recoverable shale gas is locked in shale rock in the United States?
17.5 trillion cubic metres
How much technically recoverable tight oil is locked in shale rock in the United States?
80 billion barrels
How much shale gas does the USA produce per day?
37 billion cubic feet per day
How much shale gas is the USA expected to produce by 2040?
79 billion cubic feet per day
By 2035, what percentage of natural gas supply will be accounted for by domestic shale production?
46%
How much oil does the USA produce from hydraulic fracturing?
4.9 million barrels of crude oil per day
What is the break-even price of fracking for oil in Texas?
$48
What has the impact of fracking been on OPEC?
An increase in world supply meant a fall in prices. This meant oil revenues fell 46% from $753bn in 2014 to $400bn in 2015.