Price Of Oil

• As oil prices dip, critics warn Alberta could lose its budget surplus

  In its latest budget, the government projected the price of West Texas Intermediate (WTI) to average US $79 per barrel.

  Economy

  Jun 28, 2023
  
• Pump the brakes: What’s with Calgary’s inconsistent gas prices?

  Energy experts said wholesale prices of fuel are on the up, and when gas stations have to restock on the more expensive fuel, customers will see the price also go up at the pump.

  Consumer

  Jan 18, 2023
  
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• Saudi Arabia says OPEC+ sticking with oil output cuts despite reports

  Saudi Arabia said that OPEC+ was sticking with oil output cuts, denying a report it was considering boosting output, according to state news agency SPA.

  World

  Nov 21, 2022
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• Alberta to use $13.2B budget surplus to pay down debt, put cash in piggy bank

  Jason Nixon says the plan is to make a $13.4-billion repayment on the provincial debt and add almost $3 billion to the Heritage Savings Trust Fund.

  Politics

  Aug 31, 2022
• Suspected gas pump price gouging prompts Alberta premier to demand investigation

  'There’s no way under the sun they can justify that,' says energy analyst Dan McTeague, calling on Alberta gas station operators to drop the price of fuel by 20 cents immediately.

  Consumer

  Jul 22, 2022
• Gas prices are high today, but OPEC forecasts cooling oil demand next year

  OPEC said its 2023 forecasts assume there will be no escalation of the war in Ukraine and that risks such as rising inflation do not take a heavy toll on global economic growth.

  World

  Jul 12, 2022
• Gas tax savings to start for Alberta drivers Friday: ‘Watching like a hawk’

  Premier Jason Kenney says his government will be watching gas station owners "like a hawk" as tax savings at the pumps are set to begin on Friday.

  Consumer

  Mar 31, 2022
• Gas prices continue rising despite dip in crude oil price

  Analysts say lower crude oil prices are good news for drivers, but will only serve to slow the rate of increase at the pumps.

  Economy

  Mar 10, 2022
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• Canada can increase oil exports to U.S., but won’t be enough to fill Russia gap: experts

  In the wake of U.S. president Joe Biden's move on Tuesday to ban the import of Russian energy products, some have called for an increased role for Canadian oil and gas.

  Economy

  Mar 8, 2022
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• Alberta rural municipalities say unpaid oilpatch taxes rising despite high energy prices

  The Rural Municipalities of Alberta says its members were owed more than $250 million at the end of last year — up three per cent over the previous year.

  Money

  Mar 8, 2022