How the oil crisis in Alberta is boosting crude prices around the world

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Global oil giants like the U.S., Russia and Saudi Arabia had some unexpected company on Sunday

 

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Canada’s crude is up 70% on Alberta’s oil crisis plan before it cuts a single barrelAt least one company said it avoided layoffs because of the government plan to cut output This too won't last. We either have a strong economy or high oil prices
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Globe editorial: Faced with an Alberta oil price crisis, Rachel Notley made the least bad choiceAlberta oil market is so messed up that less oil output stands a very good chance of leading to more oil royalties for its people GlobeDebate could have just cut all exports to BC !!! GlobeDebate It’s not an oil price crisis and you know it Globe. It’s an oil interprovincial transportation crisis which the PM Constitutionally has the power to solve...but Trudeau won’t as he need seats in BC!!! GlobeDebate Much agreed ... Alberta government showed leadership against the lazy bumbling of the oil companies and the politicization's of previous federal governments. Glad somebody shows leadership ... ========================================= ==========================================
Source: globeandmail - 🏆 5. / 92 Read more »