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Alberta moves to slash oilsands production in face of oil price crisisAlberta will cut oil production by 8.7 per cent starting in January in an effort to reduce the punishing price differential plaguing energy producers, says Premier Rachel Notley.
Source: VancouverSun - 🏆 49. / 61 Read more »
Alberta Premier Notley to address industry-wide limits on oil production Sunday eveningIn an op-ed piece published on Friday, Premier Rachel Notley blamed a lack of new pipeline capacity for the growing glut of oil in her province that has driven down prices over the past two months globebusiness It won't make much of a difference. When the top 3 producers continue production the way they are the only thing that'll happen is Canada getting cut out of the energy sector. Gees we only extract 50% of the bottom 3rd extracts. globebusiness This premier doing best under incredibly tough circumstances caused by much stubbornness and little foresight and intelligence of the so-called oil industry ... pray for this good, responsible leader ... Through her resilience the next non-conservative pricks will reap benefit. . globebusiness She is at least trying to do
Source: globeandmail - 🏆 5. / 92 Read more »
Can Alberta’s oil production cuts lift Canadian heavy oil prices?Scotiabank’s Rory Johnston speaks about Alberta’s decision to cut oil production and what that means for oil companies No, we need to figure out how to better process oil so no import is required to Canada any more, and next fix the monthly billon dollar trade deficit with China, shipping oil or set import tarrifs. The money gained can be used for fixing environment and wildfires.
Source: nationalpost - 🏆 10. / 80 Read more »
Premier Rachel Notley moves to restrict oilsands production in face of oil price crisisAlberta will cut oil production by 8.7 per cent starting in January in an effort to reduce the punishing price differential plaguing energy producers, says Premier Rachel Notley Now you call oilsands and not tarsands. I have the feeling that the rest of the oil producing world won’t care because our oil is , unrefined , and basically landlocked for the foreseeable future. Sad indeed. Why not just stop producing oil altogether? It’s icky, and the social justice warriors don’t like it, neither do the Liberals, the Rockefeller Foundation, and anti-Oil Sands activists funded by US NGOs. We can just live off snow and sunshine right?
Source: nationalpost - 🏆 10. / 80 Read more »
Alberta to cut oil production by 8.7 per cent to deal with low pricesAlberta’s premier announced on Sunday that the province will temporarily cut its oil production in an attempt to reverse a historic price gap that has seen Alberta crude sell for significantly less than the world price. Why not cut and eliminate Saudi oil imports ? More lay offs before Christmas! Great! How about just get the pipelines built? Good for Notley. A leader to admire. Not like nutless trudeau.
Source: CTVNews - 🏆 1. / 99 Read more »
Alberta to cut oil production by 325,000 barrels a day in January: NotleyAlberta Premier Rachel Notley says the province will reduce oil production by 8.7 per cent, starting in January. why? so the price rises eat shit Alberta. MarilynLouise5 Alberta has to diversify. Global warming is going critical and relying on an environment killing product is not a good course of action. The old days of ignorance about a deadly product are over. Lead the way on green initiatives.
Source: CTVNews - 🏆 1. / 99 Read more »
Alberta orders oil production cut to deal with price differentialAlberta Premier Rachel Notley is ordering a mandatory cut in oil production to deal with a price crisis that is costing Canada an estimated $80 million a day. That's not a solution. She has her blinders on. It's time to clean up this mess!!! This is NOT a solution. Why not abandon carbon tax to give a relief. Venezuela
Source: CP24 - 🏆 30. / 67 Read more »
Alberta Orders Oil Production Slashed To Fight Price CrisisThe crisis is costing Canada an estimated $80 million a day Finally a politician prepared to make tough decisions to help the economy and taxpayers.... can someone deliver that message to Ottawa? - UPS are you there?
Source: HuffPostCanada - 🏆 61. / 53 Read more »
Alberta orders 8.7 per cent oil production cut to help deal with low pricesPremier Rachel Notley is ordering a mandatory cut to oil production to deal with a price crisis she says threatens to gut Alberta's bedrock industry. Canadian dollar \\ Has demand gone down? :S
Source: CP24 - 🏆 30. / 67 Read more »