But worries that an oil boom could spark a fight for control are overdone.
An oil boom in the 1980s attracted more people to Lee County and increased its racial diversity.
One big new player is the Gulf, which has sucked in migrant workers since the oil boom.
Mr Putin has been lucky to enjoy an oil boom that filled up state coffers and fanned economic growth.
It seems Ghanaian children also have high hopes that the money from the oil boom will be well spent.
We are now in the midst of the third great oil boom (the first two being 1973-74 and 1979-80).
She may have visions of an oil boom fuelled by YPF's huge recent finds of shale oil and gas.
There are also mounting concerns about the environmental impact of an oil boom.
Strassler handled the business well through an oil boom, but when a bust came, in 1983, he was worn out.
The artificial oil boom has given the criminal regimes of Iran and Venezuela lethally large cash windfalls to stoke terrorism.
But now, with this proof of concept, Oil Creek Valley and the surrounding region erupted in the first oil boom.
Chances are that such a system can continue to function well, at least as long as the oil boom lasts.
The Scottish government followed it up by releasing analysis in which it said Scotland could be in line for a "renewed oil boom".
Most health and human development indicators have shown no significant improvement beyond that which is normal in the midst of an oil boom.
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They do not have much other leverage: thanks to the oil boom, Russia is no longer dependent on foreign loans to stay afloat.
After his parents' divorce, he moved from Evansville, Indiana to Houma to live with his father during the oil boom in the early 1980s.
Today, there are many fewer US and European workers in Saudi Arabia than during the oil boom years of the 1970s and early 1980s.
Many British independents grew out of the North Sea oil boom.
The question Mr Ghazvinian sets is whether the countries now leading the oil boom, such as Angola, South Sudan and Equatorial Guinea, can expect much better.
Before Yemenis began migrating to the Gulf for jobs, or profiting from Yemen's own modest oil boom, qat was a luxury for the rich on special occasions.
But the impressive infrastructure built in the 1970s during the first oil boom is starting to look threadbare, and the country's oil wealth is still very unevenly distributed.
The OECD does not foresee supply keeping up, even if it surpassed its discovery rate in the past decade, and that's despite the evidence of America's shale oil boom.
Inflation rates vary dramatically and fiscal deficits, which have been absent since the start of the oil boom in 2003, are about to re-emerge in some countries this year.
Moreover, Suharto's government has been unusual in turning to economic nationalism mostly when things looked rosy: in the oil boom of the 1970s and early 1980s, and again now.
But Brazilians need only to look at Mexico's Pemex to see the politicised bloat that can follow an oil boom or at Venezuela to see how oil can corrupt a country.
In the UK, meanwhile, in addition to massive savings on the slimmed down military, the government had also found its coffers swollen by the proceeds of the North Sea oil boom.
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Married, with two children, Mr Hayward considered going into academia, but instead went to BP in 1982 and was posted first to Aberdeen, home of the UK's North Sea oil boom.
Given their huge stockpile of national savings from the oil boom years, plus plenty of continued income despite the drop in oil prices, Kuwaitis can probably afford to go on bickering anyway.
It was a hardscrabble oil boom in Jingbian.
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Although relocation costs for crews and equipment are expected to eat into the margin in North America in Q1 2012, the shift will help companies boost revenues in the long term by riding on the oil boom in the Bakken shale.
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