The measured dependence of ultrasonic velocity in Cold Lake oil sands on temperature is compared to theoretical model predictions for seismic wave propagation in porous media. The experiments indicated that change in fluid properties with temperature most greatly affect observed velocities. The theoretical model was constructed to account for temperature dependent fluid properties using correlations independent of the ultrasonic experiments. Theoretical and experimental P-wave velocities agree within 5 percent for temperatures between 22 degrees C to 125 degrees C and effective stresses of 1 MPa and 8 MPa. The modeling indicates that the change in fluid bulk modulus with temperature dominates the observed 15 percent P-wave velocity decrease between 22 degrees C to 125 degrees C. Over the same temperature range the model predicts the S-wave velocity remains almost constant (<1 percent increase).