Oil prices nad where found in Canada

Essay by Eric=BeeJunior High, 7th gradeA+, June 2005

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Teacher asked write about a Canadian resource

Oil

For a while Oil prices have been going up and down for almost fifty-four years. This has been a bad thing for the Canadian and American stock markets and people that heat their home with Oil. The prices have been good from 1950 to 1973 when they were only $15.00 per barrel. At the end of the Vietnam War the price for oil soared to its highest peak at $60.00 per barrel. Raw crude oil has been about $3.00 per barrel from1950 to 1972. The raw crude oil is now at over $40.00 per barrel.

In Canada oil is manly found in Alberta and Newfoundland and Labrador. The least oil in Canada is found in Ontario and Manitoba. The most to least pumped oil is: (#8's produce no oil)

1. Alberta 59%

2. Newfoundland and Labrador 18%

3. Saskatchewan 12%

4. British Columbia 6%

5. Northwest Territories 3%

6. Manitoba 1.4%

7. Ontario 0.5%

8. Quebec, Nova Scotia, Prince Edward Island, Nunavut, Yukon and New Brunswick.