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GasBuddy News Article

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Calgary's oil boom creates growth and job opportunities

GasBuddy Blog -- Calgary's oil boom is bringing unprecedented growth to Alberta and prominently positioning Canada on the main stage of the world's energy superpowers.

Blooomberg News reported last month that the population of Canada's main oil-producing region has soared 37 percent to about 3.7 million in the past decade as companies such as ExxonMobil and Statoil ASA have attracted workers from China, Venezuela and the Phillippines to develop the largest oil reserves outside of the Middle East.

"Most people around the world believe that it has been a fairly parochial jurisdiction," said Alberta Premier, Alison Redford. "We are now going through a generational change in politics and business. We have an ability to embrace the world...


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Submitted Jan 31, 2012 By: PD
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REPLIES (newest first)
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honda0105
Champion Author Tallahassee

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Message Posted: Feb 3, 2012 6:17:55 AM

and it's destroying the land...
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Cakes77
Champion Author Harrisburg

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Message Posted: Feb 1, 2012 7:54:17 AM

Hey PD - what does the LAND look around there now?

What is the air quality like there now?

You forgot some of these details in your "research".
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CPGas1815
Champion Author Michigan

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Message Posted: Feb 1, 2012 2:02:02 AM

Calgary's oil boom is bringing unprecedented and irreversible damage to the environment. Thousands of acres of old growth forests have already faced the ax and many Canadian residents are already coming down with all sorts of medical difficulties due to the toxic chemicals used to extract that oil from the earth. Sure, Canadian workers are receiving a pay check but they are putting their lives as well as the future of the planet Earth in significant jeopardy.
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xfatman
Champion Author Missouri

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Message Posted: Feb 1, 2012 1:26:37 AM

Good for Canada and good for the US unless the politico's screw it up!!!!!
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matthwbar
Champion Author Toledo

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Message Posted: Feb 1, 2012 12:28:27 AM

That's good news for Canada...
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deacon260
Rookie Author Louisville

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Message Posted: Feb 1, 2012 12:24:58 AM

we need the keystone pipeline! things are changing around the world just not in washington.
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joel27nc
Champion Author Raleigh

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Message Posted: Feb 1, 2012 12:22:57 AM

We need exploration and drilling in th U.S. so we can experience a boom of our own.
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frostyWV
Champion Author West Virginia

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Message Posted: Feb 1, 2012 12:13:47 AM

good for them.
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tedjm1
Champion Author New York

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Message Posted: Feb 1, 2012 12:13:27 AM

Canadas grabbing for the ring.
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txkrb
All-Star Author Texas

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Message Posted: Feb 1, 2012 12:12:13 AM

Without the keystone pipeline most of the oil will be going to Asia
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ssect8
Champion Author Hartford

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Message Posted: Feb 1, 2012 12:11:04 AM

Good for Canada, you would think the idiots in DC would learn a thing or two from them.
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regout
Champion Author Quebec

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Message Posted: Feb 1, 2012 12:11:01 AM

Pump pump pump....
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Blue_Cruzer
Champion Author Lexington

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Message Posted: Feb 1, 2012 12:10:29 AM

Good for Calgary, and Canada.
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jkpsr
Champion Author New Jersey

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Message Posted: Feb 1, 2012 12:06:41 AM

The problem is that it is very expensive to extract, so interest will fall quickly if the price of crude falls.
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lightninjack
Sophomore Author Ohio

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Message Posted: Feb 1, 2012 12:06:16 AM

Woo Hoo lets all move to canada...
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viperND
Champion Author South Bend

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Message Posted: Feb 1, 2012 12:05:28 AM

pump it to Chicago!
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tampacrvdriver
Champion Author Tampa

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Message Posted: Feb 1, 2012 12:04:19 AM

Crazy.
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SparkieMi
Champion Author Kalamazoo

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Message Posted: Jan 31, 2012 11:58:41 PM

Interesting..
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mrbee
Champion Author Little Rock

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Message Posted: Jan 31, 2012 11:58:19 PM

Great news. Why not us. Oh yeah. Greenies.
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jindodog
Veteran Author Missouri

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Message Posted: Jan 31, 2012 11:56:02 PM

I'd rather buy from them than from OPEC any day.
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RetFireLT
Champion Author Kentucky

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Message Posted: Jan 31, 2012 11:54:43 PM

Good for them.
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Blue48
Champion Author Illinois

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Message Posted: Jan 31, 2012 11:48:41 PM

WE LOVE YOU..YOU CRAZY CANADIANS!
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boatmen
Champion Author New York

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Message Posted: Jan 31, 2012 11:47:47 PM

ok and
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BooHooMI
Champion Author Michigan

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Message Posted: Jan 31, 2012 11:47:40 PM

Good for them.
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JesseJack52
All-Star Author Virginia Beach

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Message Posted: Jan 31, 2012 11:47:10 PM

when's it gonna hit America
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ROSYMI
All-Star Author Michigan

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Message Posted: Jan 31, 2012 11:47:09 PM

good for them
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bonzoonfmb
All-Star Author Florida

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Message Posted: Jan 31, 2012 11:45:32 PM

Just because this is happening in Canada and may one day happen in the U.S. doesn't mean the domestic U.S. gasoline prices will come down. The supply always goes to the highest bidder.
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bettersight
Champion Author Oakland

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Message Posted: Jan 31, 2012 11:42:02 PM

ok
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RAKARWOWSKI
Champion Author Chicago

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Message Posted: Jan 31, 2012 11:38:57 PM

Now let's build them a pipeline to the gulf so they can sell their oil to China.
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Blackice
Champion Author Twin Cities

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Message Posted: Jan 31, 2012 11:36:45 PM

Same thing could be going on right here too.
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Road-Runner
Champion Author Denver

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Message Posted: Jan 31, 2012 11:34:07 PM

So why do Canadians pay so much more at the pump than Americans do?
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goldrose1
Champion Author Cleveland

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Message Posted: Jan 31, 2012 11:33:23 PM

growth
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g747
Champion Author Mobile

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Message Posted: Jan 31, 2012 11:25:24 PM

Good for Canada !!!!!!!!!!!!!!!.
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bif65
All-Star Author Virginia

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Message Posted: Jan 31, 2012 11:24:50 PM

ok
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Ahking
Champion Author Orange County

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Message Posted: Jan 31, 2012 11:23:38 PM

good luck, Calgary.
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darkknight1
Champion Author Winston-Salem

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Message Posted: Jan 31, 2012 11:22:31 PM

I'm glad for them.
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Beaveronparade
All-Star Author Hartford

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Message Posted: Jan 31, 2012 11:22:04 PM

This is great news for Canada! I can't wait until the article is about US! : ) Now THAT would be fabulous.
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tippybuddy
Champion Author Ontario

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Message Posted: Jan 31, 2012 11:20:30 PM

yes it would be great if this would lower our prices for gas and oil but I have a feeling it won't...
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nightworker998
Champion Author Maryland

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Message Posted: Jan 31, 2012 11:17:35 PM

gem1224 we are getting screwed by the oil companies exporting fuel to South America.
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clermont40miles
Champion Author Cincinnati

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Message Posted: Jan 31, 2012 11:17:16 PM

Canada is doing the right thing.

Our greenies have the US hamstrung.

Get with it and produce. But before you bother, fix the corrupt commodities market. Make it a REAL market not a playground for speculators. They are fleecing us all and destroying the economy for their selfish profit.
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weenerdog
Champion Author Detroit

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Message Posted: Jan 31, 2012 11:17:08 PM

good for them
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nigelb
Champion Author Virginia

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Message Posted: Jan 31, 2012 11:08:03 PM

It would be nice if this oil boom lowered prices Canadians pay but I doubt that will happen.
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mstearno
Champion Author Dayton

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Message Posted: Jan 31, 2012 11:00:17 PM

good for them
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gem1224
Champion Author Tulsa

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Message Posted: Jan 31, 2012 11:00:13 PM

Canada grows while the US takes it in the shorts... Thanks Barry
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REKEY
Champion Author South Carolina

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Message Posted: Jan 31, 2012 11:00:10 PM

Really?
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AnObserver
Champion Author New Jersey

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Message Posted: Jan 31, 2012 10:59:41 PM

Seems obvious
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JDisNo1
Rookie Author Twin Cities

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Message Posted: Jan 31, 2012 10:53:50 PM

.
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smoketown
Champion Author Cincinnati

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Message Posted: Jan 31, 2012 10:53:42 PM

B.S. ................
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us4usa
Champion Author Missouri

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Message Posted: Jan 31, 2012 10:52:34 PM

What good is a oil boom if you export it all and gas prices are $5 a gallon???
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TDIdave
Champion Author California

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Message Posted: Jan 31, 2012 10:50:14 PM

The US will NEVER be a leader in oil production. Anyone who thinks that certainly doesn't know the facts.
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