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| How many people are employed by the petroleum industry? According to the Canadian Association of Petroleum Producers (CAPP), there are 463,000 Canadians directly and indirectly employed by the petroleum industry. Of these, between 215,000 and 280,000 Canadians are directly employed by the industry. Sources: CAPP "Inter-Association Communications Exchange", December 2, 1999 and "A day in the life of the energy sector", Calgary Herald WP9 Sunday, June 11, 2000. |
| Current Events |
| What affect did 9/11 make on the world Industry? "Gasoline prices shot up 10.1 percent, the largest jump since June 2000. Fuel oil prices went up 3.5 percent and natural gas prices rose 2.4 percent. Global output for crude oil shrank by almost 2 percent after Iraq suspended crude exports in April, raising the prospects of higher oil prices as the world economy pulls out of a slump." Source: "Consumer Prices Spike," cbsnews.com, May 15th, 2002 |