CANADA STORE KEEPER JOBS 2018

 "The Canadian Oil Company" which qualified as the world’s first .Canada's unique , , resources and patterns of settlement have been key factors in the . The development of the  sector helps illustrate how they have helped make the nation quite distinct from the United States. Unlike the United States, which has a number of different major oil producing regions, the vast majority of Canada's petroleum resources are concentrated in the enormous  (WCSB), one of the largest petroleum-containing formations in the world. It underlies 1,400,000 square kilometres (540,000 sq mi) of  including most or part of four western provinces and one northern territory. Consisting of a massive wedge of  up to 6 kilometres (3.7 mi) thick extending from the  in the west to the  in the east, it is far distant from Canada's  and well as its . It is also far from . Because of its geographic 

 

isolation, the area was settled relatively late in the history of Canada, and its true resource potential was not discovered until after World War II. As a result, Canada built its major  near its historic  in Ontario and Quebec, rather than its petroleum resources in Alberta and Saskatchewan. Not knowing about its own potential, Canada began to import the vast majority of its petroleum from other countries as it developed into a modern industrial economy.The province of Alberta lies at the centre of the WCSB and the formation underlies most of the province. The potential of Alberta as an oil-producing province long went unrecognized because it was geologically quite different from American oil producing regions. The  was drilled in southern Alberta in 1902, 

discovered in 1914, and for a time was the biggest oil field in the , but again it misled geologists about the nature of Alberta's geology. In Turner Valley, the mistakes oil companies made led to billions of dollars in damage to the oil field by  which not only burned billions of dollars worth of gas with no immediate market, but destroyed the field's gas drive that enabled the oil to be produced. The gas flares in Turner Valley were visible in the sky from Calgary, 75 km (50 mi) away. As a result of the highly visible wastage, the Alberta government launched vigorous political and legal attacks on the Canadian Government and the oil companies that continued until 1938 when the province set up the Alberta Petroleum and Natural Gas Conservation Board and imposed strict conservation legislation.

 

The status of Canada as an oil importer from the US suddenly changed in 1947 when the  well was drilled a short distance south of Edmonton. Geologists realized that they had completely misunderstood the geology of Alberta, and the highly prolific Leduc oil field, which has since produced over 50,000,000 m³ (310,000,000 bbl) of oil was not a unique formation. There were hundreds more  formations like it underneath Alberta, many of them full of oil. There was no surface indication of their presence, so they had to be found using . built from Alberta through the Midwestern United States to Ontario and to the west coast of British Columbia. Exports to the U.S. increased dramatically.

Most of the oil companies exploring for oil in Alberta were of U.S. origin, and at its peak in 1973, over 78 per cent of Canadian oil and gas production was under foreign ownership and over 90 per cent of oil and gas production companies were under foreign control, mostly American. This foreign ownership spurred the  under the  government.

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