• Safi Bello

Alberta government imposes oil production cuts for province

Associated Press ---------- Alberta’s premier announced Sunday night that she is imposing an industrywide 8.7 percent cut in oil production for the Canadian province to deal with a storage glut that has hurt prices for Alberta oil. Premier Rachel Notley said output will be lowered 325,000 barrels a day in January because of shipment problems that she blames on a lack of pipelines. The government said the reduction will be evaluated monthly. To learn more click on the picture below to read the article.

Alberta government imposes oil production cuts for province - Read More from Associated Press

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