The Honourable Iris Evans, Minister of Alberta International and Intergovernmental Relations, Government of Alberta, opened the First Annual Ports-to-Plains Alliance Energy Summit on Thursday. She pointed out that the Alliance Mission which states: "A grassroots alliance of communities and businesses whose mission is to advocate for a robust transportation infrastructure to promote economic security and prosperity throughout North America’s energy and agricultural heartland" really says "To make North America more globally competitive."
Many do not recognize that in 2008, the United States imported 21% of its crude oil from Canada, 15% of which came from Alberta.
Oil sands deposits underly 54,903 square miles with mineable deposits of 1,853 square miles (about 1.25% of Alberta’s Boreal forest area). Land disturbed to date for mining is about 232 square miles. Oil is extracted through surface mining or enhanced oil recovery processes.
Eighty percent of the oil sands is only availble through In Situ (in place) Recovery. Forty-five percent of the oil sands production is already using this process which requires no tailings ponds and no water from the Athabasca River.
Alberta is the only jurisdiction in North America with mandatory reduction targets for large emitters. Emitters contribute to a clean energy technology fund
Economically for every $1 invested in the oil sands creates about $9 worth of economic activity, including one-third is generated outside Alberta.
The impact of Alberta Oil Sands development on the U.S. Economy
- Increase in U.S. output ($US):
- 2010 = $23 billion
- 2015 = $69.2 billion
- 2020 = $78.5 billion
- 2025 = $80.9 billion
- Change in U.S. GDP ($US):
- 2010 = $11.5 billion
- 2015 = $34 billion
- 2020 = $40.4 billion
- 2025 = $42.2 billion
The first annual Ports-To-Plains Energy Summit begins tomorrow. We will be updating the blog with news from the summit.
As well, check out our twitter page for quick updates on speakers. www.twitter.com/ptpblogs. As well, check the photo gallery for pictures from the event.
It's a great line-up ... Is energy production important to your community/region?
Iris Evans, Alberta Minister of International and Intergovernmental Relations; John Felmy, Chief Economist, American Petroleum Institute; Andrew Fowler, Executive VP, Construction & Engineering, Renewable Energy Systems Americas, Inc.; Michael C. Hagood, Idaho National Laboratory; Jim Hand, Vice President, Surmont Phase 2, Conoco Phillips Canada; David Hill, Vice President of Natural Gas Economy Operations for Encana Corporation; David L. Miller, Vice Chancellor for Commercialization, Texas Tech University; Len Mitzel, Member of the Legislative Assembly, Cypress-Medicine Hat, Alberta; Larry Osgood, President of Consulting Solutions, LLC; Janice Buhr Rooney, Manager, Corporate Relations, Office of Public Affairs, National Renewable Laboratory; G.A. "Gary" Schoonveld, Manager, Fuels and Regulatory Affairs, Conoco Phillips; U.S. Congressman Adrian Smith, Nebraska; Ron Steinbach, Transmission Policy Administrator, Tri-State Generation and Transmission Association; John S. Sullivan, Renewable Resources Program Manager, Shaw Environmental Inc.; Johan van't Hof, President, Chief Executive Officer and a Director of Tonbridge Power Inc.; Michael Whatley, Vice President, Consumer Energy Alliance.