Alberta between mild and extreme ‘petrostate’

Oil is by far the most popular natural resource making headlines on a weekly basis in Alberta and for good reason – the Province has relied on its vast reserves of petroleum for both economic and political reasons. With impending decisions to be made regarding the future transport of this coveted resource, whether it be… Continue reading Alberta between mild and extreme ‘petrostate’

Slow year ahead for Alberta as price of black gold drops

Oil is Alberta’s business, however, the price of Western Canadian Select, which is made up of heavy conventional and bitumen crude oil, has been decreasing. With the Province’s reliance on this huge energy commodity, both politicians and economists point to a sluggish Alberta economy limping into next year’s fiscal budget, which will be made public… Continue reading Slow year ahead for Alberta as price of black gold drops