Template-Type: ReDIF-Article 1.0
Author-Name:  Frank. J. Atkins and Alan J. MacFadyen
Title:  A Resource Whose Time Has Come? The Alberta oil Sands as an Economic Resource
Classification-JEL: F0
Pages:  77-98
Volume:  Volume 29
Issue:  Special Issue
Year:  2008
Abstract:  The Alberta oil sands, which comprise over 170 billion barrels of proven recoverable reserves, are a resource of an order of magnitude similar to many estimates of ultimate world conventional oil reserves. Campbell Watkins maintained a long-standing emphasis on the essential economic component of any meaningful definition of the worldÕs natural resources. The fact is that the Alberta oil sands have had a very shaky economic foundation until only recently. The intention of this paper is to examine this emerging resource from an economic perspective; one, it is hoped, similar to that which Watkins evinced, in order to fully assess the extent to which the Alberta oil sands may be regarded as being no different in any meaningful way from other oil resources. 
Handle: RePEc:aen:journl:CW-SpEd-a06
File-URL: http://www.iaee.org/en/publications/ejarticle.aspx?id=2252
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