Alberta Premier Rachel Notley speaks to cabinet members in Edmonton on Monday December 3, 2018. (THE CANADIAN PRESS/Jason Franson)

Premier Rachel Notley says Alberta to ease oil production cuts

Alberta is allowing increased production in February and March by 75,000 barrels per day

Alberta Premier Rachel Notley says the province is easing mandatory oil production cuts as the value of oil increases.

Last month, the province ordered production of raw crude oil and bitumen to be reduced by 325,000 barrels per day to deal with low prices.

Notley says Alberta is allowing increased production in February and March by 75,000 barrels per day.

Notley says the December decision has helped draw storage levels of oil down.

READ MORE: Alberta buying its own rail cars to move oil without feds, Notley says

The premier says Alberta is not out of the woods yet, but the temporary production cut is working.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

“Does Kirby care?” Heiltsuk Nation using geo-targeted ads in Houston, Texas for justice

The Heiltsuk Tribal Council has called out Kirby Corporation for the Nathan E. Stewart oil spill

“No excuse” for killing of two young grizzly cubs

Reader hopeful someone will come forward with information

UPDATE: U.S. firm fined $2.9M for fuel spill that soiled B.C. First Nation territory

The Nathan E. Stewart spilled 110,000 litres of diesel and heavy oils in October 2016

No delivery services hard on local families

New parents Candace Knudsen and Bjorn Samuelsen spent five weeks away from home

Rich the Vegan scoots across Canada for the animals

Rich Adams is riding his push scooter across Canada to bring awareness to the dog meat trade in Asia

Canadian high school science courses behind on climate change, says UBC study

Researchers found performance on key areas varies by province and territory

Six inducted into BC Hockey Hall of Fame

The 26th ceremony in Penticton welcomed powerful figures both from on and off the ice

RCMP investigate two shootings in the Lower Mainland

Incidents happened in Surrey, with a victim being treated at Langley Memorial Hospital

CRA program to help poor file taxes yields noticeable bump in people helped

Extra money allows volunteer-driven clinics to operate year-round

Recall: Certain Pacific oysters may pose threat of paralytic shellfish poisoning

Consumers urged to either return affected packages or throw them out

How a Kamloops-born man helped put us on the moon

Jim Chamberlin did troubleshooting for the Apollo program, which led to its success

Sexual harassment complaints soaring amid ‘frat boy culture’ in Canada’s airline industry

‘It’s a #MeToo dumpster fire…and it’s exhausting for survivors’

Most Read