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Tar Sands

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This article describes a concept which could impact a variety of companies, countries or industries. To see what companies and articles reference this concept page, click here.

Tar sands, or oil sands, are exactly what they sound like - sand saturated with oil.

Canadian tar sands production is estimated to increase from 1.32 mb/d to 3.23 mb/d. Tar sands have a tremendous global warming footprint, however, and environmentalists are pushing legislation through Congress to limit the amount of oil sands products that government agencies can purchase.^[1]

[edit] References

↑ SeekingAlpha: "Oil Sands: Will the 'Greens' Cause Us to Miss Out?"

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