Alberta regulator projects 17 per cent growth in oilsands production by 2033

The regulator responsible for overseeing Alberta's oil and gas sector has released a new report projecting the province's oilsands production will grow by more than 17 per cent by 2033. In the latest version of its annual forecast, released Monday, the Alberta Energy Regulator predicts production of raw bitumen — the thick, sticky oil found in Alberta's oilsands region — will grow to four million barrels per day in 2033, up from the 3.4 million barrels per day that was produced last