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Originally Posted by Slava
Well I can't deny that the cogs are inter-connected in Calgary and truthfully no one can. I would say that if O&G were taken out of the equation then about 75% of the economy would disappear. That is somewhat irrelevant though.
There are a number of industries where you can earn over $90k/year that are not Oil and Gas. I work in one such industry (financial advisor) and there are lots of people I know who make more than $90k and work in industries totally separate from O&G. I know people in insurance, IT, etc. who all make more. Would we have work if O&G weren't here? I don't know....I wouldn't want to find out. But its not accurate to say that you have to in O&G to make that kind of money.
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Yup, I am no longer in oil and gas, and the only reason I left is to make more money somewhere else. I work an industry that is completely different than what I used to do now (and I am in my 30s) and there is no shortage of $90k earners.