Western Canada Oil Glut: To Cut or Not?
This week we tackle the most hotly debated question in Western Canada today, should the Alberta government mandate oil production cuts to help clear the local oversupply? Inaction has serious consequences, including the loss of the winter drilling season, job cuts and lost royalty revenue for the resource owner, the citizens of Alberta.
This podcast was recorded prior to the Alberta Government’s historic decision to curtail the province’s oil production on December 2, 2018. While the podcast predates the announcement, it is still relevant for explaining the decision.
The podcast references the recent ARC Energy Research Institute commentary Play Nice in the Sandbox.
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