URGENTLY WANTED TO CANADA
The Canadian petroleum
industry developed in parallel with that one of the United States. The first
oil well in Canada was dug by hand (rather than drilled) in 1858 by near
his asphalt plant at , . At a depth of 20 metres (66 ft) he struck oil, one year
before "Colonel" drilled the first oil well in the United
StatesWilliams later went on to found "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, but did
not produce for long and served to mislead geologists about the true nature of
Alberta's subsurface geology. The oil field was
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.
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.
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