Sentences with phrase «last oil boom»

My business partner and I had invested in oil and gas in North Dakota during the last oil boom, in 2010, and could never find housing when we went there.

If the new east African producers are not to repeat the mistakes of the established ones, then, they should heed the lessons of Africa's last oil boom.

Not exact matches

«Just knowing that oil and gas is a boom - and - bust industry, we are trying to not get used to it as a source of revenue because we know it won't last.»

At this rate, as the Saud's reorganize, i see real wages not only recollecting their losses from the last recession, but then recollecting their losses from the 00's oil boom driven real wage losses........

And for the third time, real wages are going nowhere fast (2/3 of 1.5 % is due to oil prices) while an extra million people exited the job market the last four years unrelated to demographics (aging boomers).

Today, Russia is similarly hemorrhaging capital as a result of international sanctions and crashing oil prices, prompted by both the American shale oil boom and OPEC's inaction in stabilizing the commodity at last month's meeting.

Between 1971 and 1981, the time of the last great oil boom, Alberta's population grew by nearly 40 per cent, too.

U.S. oil production has been booming for several years, yet it was not until last June that oil markets suddenly took notice.

With the US currently feeling more or less self - sufficient with the shale oil / gas boom of the last decade, the primary market for bitumen has dried up, and shipping it around the world is laughably uneconomical.

The Alberta Liberal Opposition will promote these goals by championing fiscal responsibility and efficient, transparent government, thus bringing prosperity to Alberta that lasts well beyond the next oil boom.

The last decade did see some improvements for Africa's oil producers, especially when compared to the continent's earlier boom in the 1970s and early 1980s.

This is especially significant because the U.S. oil boom of the last decade — and the resulting demand for skilled workers — caused salaries for entry - level petroleum engineers to double, making them the highest paid of all new college graduates.

Over the last decade, North Dakota's economic output has doubled thanks to the booming oil trade.

Thanks to an oil boom, gas prices at the pump have plummeted, and trucks and SUVs were the best - selling vehicles in the United States last year.

Last month Najib said Malaysia would seek to expand its booming palm oil industry overseas.

This highlights unique economic developments over the last several years, including the boom in oil exploration in North Dakota and the growth of Western cities, like Denver, thanks to young people.

The oil was so thick in this region in mid-June that the absorbent boom lasted only about an hour, Cheramie says.