Canada Oil

Summary Table

  Barrels Global Rank
170,863,000,000 3rd in the world

  Barrels per Day Global Rank
4,596,725 5th in the world
2,486,301 9th in the world
Daily Surplus
+ 2,110,424  
Oil Imports
891,104  
Oil Exports
2,749,676  
1,858,572  
(Data shown is for 2016, the latest year with complete data in all categoreies)

Oil Reserves in Canada

See also: List of countries by Oil Reserves

Canada holds 170,863,000,000 barrels of proven oil reserves as of 2016, ranking 3rd in the world and accounting for about 10.4% of the world's total oil reserves of 1,650,585,140,000 barrels.

Canada has proven reserves equivalent to 188.3 times its annual consumption. This means that, without Net Exports, there would be about 188 years of oil left (at current consumption levels and excluding unproven reserves).

Oil Reserves
170,863,000,000 barrels
Global Rank: 3rd | Share of World: 10.35 %
188 years of oil left
(at current consumption levels)

History of Oil Reserves in Canada

Oil Consumption in Canada

See also: List of countries by Oil Consumption

  • Canada consumes 2,486,301 barrels per day (B/d) of oil as of the year 2016.
  • Canada ranks 9th in the world for oil consumption, accounting for about 2.6% of the world's total consumption of 97,103,871 barrels per day.
  • Canada consumes 2.87 gallons of oil per capita every day (based on the 2016 population of 36,382,944 people), or 1,048 gallons per capita per year (25 barrels). [1 barrel = 42 US Gallons]

Oil Production in Canada

See also: List of countries by Oil Production

  • Canada produces 4,596,724.82 barrels per day of oil (as of 2016) ranking 5th in the world.
  • Canada produces every year an amount equivalent to 1.0% of its total proven reserves (as of 2016).

Oil Exports

  • Canada exports 40% of its oil production (1,858,572 barrels per day in 2016).

History of Oil Consumption and Production

See also

Sources