How would you cope with working on an offshore oil rig? Oil companies do their best to make the working and living conditions on board an offshore oil rig as safe and comfortable as possible. Medical and safety personnel looks after the physical health of oil rig workers as well.
Why would anyone consider working on an oil rig? How do you apply for a job in the offshore oil industry? Canada's Oil Sands to Become the Number One Source of US Crude Oil Imports
Well it may not offer the types of off shore oil jobs that you see advertised in the Gulf Of Mexico for example, a recent report detailing the big boost in Canadian oil sand exports to the US certainly promises a whole host of related oil careers and oil jobs. The research from IHS Cambridge Energy Research Associates indicates that throughout 2010 oil sand imports from Canada's large reserves of tar sands (or oil sands) will become the number one source of U.S. oil imports. Global oil and economic supply security
The oil sands exploitation represents dual benefits to North America. Mexican Peso Rides Crude Oil to New Highs The Mexican peso outstanding performance is largely a result of elevated prices for Mexico's main export, crude oil. Mexico is the world's 6th largest oil exporter. The Mexican government gets almost one third of its revenue from crude oil exports.
When oil prices are elevated, cash pours into the economies of major oil exporters such as Mexico, Canada (world's 5th largest exporter), Norway (world's third largest oil exporter) and Russia (world's second largest exporter).
In November, Bank of America-Merrill Lynch said the peso was undervalued by 15%.
Brazil's real appreciated 35% and the Chilean peso appreciated 27%; while the Mexican peso barley managed to rise 7% in 2009.
With oil prices headed higher and the US economy slowing pulling out of recession, the foreseeable future looks bright for the Mexican peso. Bullish Peso Forecasts