Varcoe: Trade risks vs. spending rewards emerge in Alberta s oil plan
|calgaryherald.com 07 Dec 2018 at 03:33|
Two powerful symbols emerged this week to demonstrate what’s at stake in Alberta’s new oil curtailment plan.
One is a reward: the potential for more oilpatch investment, if the price discount on western Canadian crude continues to shrink.
The other is a risk: the possibility of getting offside of international trade deals by restricting Alberta’s oil production.
On the spending question, the country’s largest petroleum producer laid out Wednesday two possible plans for 2019.