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 This section deals not only with the products of the heavy oil industry but the impact of those products and the industry.  Included is a look at the economic impact and community impact of   the heavy oil industry and the changing attitudes to environmental and safety issues.

 

pavingcrew2.jpg (30714 bytes)

Road Asphalt has long been an important product
of the Lloydminster Heavy Oil Industry
 

Economic Impact

All sectors of our local economy are influenced by 
the heavy oil industry.  

Those directly employed in the heavy oil industry require services for their businesses, but they also require services in their personal lives.

So, whether it's supplying oilfield equipment or coffee and doughnuts or teaching students at a local school, chances are that a goodly number of your customers are there because of heavy oil.

Lloydminster Labour Force    -    12,536

Heavy Oil Industry Employed - full time - 2,633

Heavy Oil Industry Employed - part time - 1,277

Heavy OIl Industry Wages, Salaries and Benefits - $74,469,182

Total Lloydminster Wages, Salaries and Benefits - $253,177,715

From this we see that the Heavy Oil Industry accounts for approximately 29.4% of the total local economic activity

- based mostly on 1996 Canada Census returns, reconciled with some information provided by LEDA (Lloydminster Economic Development Authority)

 

The Petroleum Consumer

This person uses an average of 26.9 barrels of oil in the form of petroleum by-products every year.
This person will spend an average of $2873 on end products that derive from petroleum every year.
This person will purchase about 2135 liters of gasoline, motor oil, anti-freeze and other automotive fluids every year

Open this door to see whose life is tied so closely to petroleum and its many by-products

The roads we travel on are made of it, the vehicles we use are powered and lubricated by it, the homes we live in are full of products that depend on it.  If you want to farm without it, you'll have to hitch up old Dobbin the horse. If you want to be a kid without it, you'll have to dump all those plastic toys, many of your clothes, and even your computer.

Yes, in almost every part of our lives we use and depend on products that derive from petroleum.  And, the Heavy Oil produced in this Lloydminster region is an increasingly important part of that petroleum industry.  That's why we're proud to tell you the story of our unique, innovative and important industry and salute the people who make it all possible - including you!

 

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