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Canada

The Early History of Fort MacMurray, Alberta

Fort MacMurray, Alberta is a location with a rich and interesting history. Until late in the 18th century the area was inhabited by Cree, and it was not until 1778 that the very first European visited the region. The Cree used the surface deposits of the Athabasca oil sands as a treatment for waterproofing canoes. Fort MacMurray and the oil sands have both played a very vital role in Canada’s petroleum industry. In the 1920s the Alcan Oil Company was the first to run tests on a bulk basis, and the first business to actually extract oil successfully from the Athabasca oil sands was the Abasands Oil Company, but there was not a big volume of production. The oil was extracted from the sand by utilizing hot water.

By the time WWII began the Athabasca oil sands area was capable of producing more than 1,000 barrels of oil a day, and the region was an important staging area for Canada and the USA during the war. By the year 1947 the name was simply MacMurray because the fort had been dropped, but in 1962 the city was named Fort MacMurray once more. The population of the town had reached around 2,000 residents in 1966, and in the coming years the growth of the town really exploded. The Great Canadian Oil Sands was opened the following year, and other oil refining plants soon started appearing as well. By the year 1971 Fort MacMurray had a population of 6,847, and this grew up to more than 31,000 within the next decade.

 

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Economic

Fort MacMurray Economic Facts and Figures

The economy of Fort MacMurray depends on several things, and one of the biggest economic sectors in the region is oil production and refining because of the Athabasca oil sands close by. There are a number of oil and energy companies with plants and offices in this area. These companies include Nexen, Syncrude, Shell, CNRL, and Suncor Energy. Natural gas exploration, development, and recovery plays some part in the economy, and so does the necessary pipelines for oil and gas that must be installed. Forestry is also an economic player in Fort MacMurray because of the abundance of forest land and the remote location of the city. One factor of the local economy is tourism, which may seem surprising because of all the oil production, but visitors who have been in the region can quickly understand how tourism can offer economic support because of all the natural beauty.

The housing market in Fort MacMurray is somewhat expensive, especially when the remoteness of the city is considered. The demand for housing has skyrocketed in recent years, and some of the oil companies have had difficulty attracting qualified workers because of the higher than average home and cost of living expenses. Food costs are also a little higher than other remote areas, in part because of the extra transport costs and the other additional expenses involved. The robust economy in Fort MacMurray is going strong, and few economists predict that this will change any time in the near future because of the oil sands and the petroleum industry.

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