All of this combines to make Fort McMurray the best job market on the continent.
FORBES: Go North, Young Man: This City Will Find You a Six-Figure Job, No Questions Asked
All that pipeline bickering in the U.S. originates in Fort McMurray and its giant oil sands fields.
FORBES: Go North, Young Man: This City Will Find You a Six-Figure Job, No Questions Asked
He also added that the assets north of Fort McMurray have performed well.
Amanda Parker, 41, moved to Fort McMurray six years ago from Ontario with her children and husband, an oil worker.
As the plane gained altitude, I could see the vast black pits of the tar-sands mines that surround Fort McMurray.
Over the next five years, investment in the Fort McMurray area is expected to amount to more than seventy-five billion dollars.
The town of Fort McMurray occupies a set of irregularly spaced hillsides on either side of the Athabasca River, in northern Alberta.
To keep the thousands of oil field workers from clogging the one artery to the oil sands, 500 buses run in a continuous loop from Fort McMurray to the oil fields.
FORBES: Go North, Young Man: This City Will Find You a Six-Figure Job, No Questions Asked
As it happens, while I was visiting Fort McMurray a company called the Energy Alberta Corporation filed an application to build a pair of nuclear reactors four hundred miles west of town.
Below was the wilderness, then the perfectly square clearings in the trees, and, finally, as we headed into Fort McMurray, the vast pits and the black ponds, with the bitumen bobbing on top.
Oil States operates in the Canadian oil sands region of Fort McMurray, where firms like Exxon and Suncor need homes for their personnel, and the same is true in Western Australia, where Oil States services iron ore and LNG producers.
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All the applications opposed by Fort McMurray officials were ultimately approved, and just a few months ago an American company, Hyperion Resources, announced plans to build the first new oil refinery in this country in thirty years, to handle increasing volumes of tar-sands crude.
Such is the demand for natural gas around Fort McMurray that a consortium of companies, including Shell Canada and Imperial Oil, has proposed building a seven-hundred-and-fifty-mile pipeline from the Arctic Ocean through the largely undisturbed wilderness of the Mackenzie River Valley and down into northern Alberta.
Entrepreneurs and con men sunk dozens of wells around Fort McMurray in the second half of the nineteenth century. (One enterprising German immigrant who claimed to have struck oil apparently poured the stuff down the hole himself.) Eventually, it became clear that there was no oil, and attention turned to mining the bitumen.
In the winter, it is possible to drive the hundred and fifty miles from Fort McMurray to the lake on an ice road. (Because of rising temperatures, the number of days that the road is passable has been steadily shrinking.) In the summer, the only way to make the trip is by boat or by prop plane.
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