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

Victoria man spots online photo of his totem pole 11 years after it was stolen

Mark Trueman restored the pole himself before it was stolen off of his property in Duncan

VicPD investigates stabbing near Selkirk Montessori school

Victim in potentially life-threatening condition

New wing opens at Victoria International Airport

The 19,000 sq. ft. passenger lounge can hold up to 500 people

Realtor pitches Langford’s third retail cannabis store

Local business owner Ron Cheeke prepares to open Honeycomb Cannabis

VIDEO: Trudeau asks Canada to look to current, not past, actions on race

Liberal leader says he never spoke about the racist photo because he was embarrassed

Crime Stoppers most wanted for Greater Victoria for the week of September 17

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

POLL: Should the province step in to upgrade the road to Bamfield?

The death of two University of Victoria students on a bus bound… Continue reading

Horvat paces Canucks to 6-1 pre-season win over Oilers

Vancouver improves to 3-1 in NHL exhibition action

Legislature gifts, clothing, travel need better control, B.C. auditor says

Audit follows suspensions of managers by Speaker Darryl Plecas

‘Really disturbing:’ Trudeau’s racist photos worry B.C. First Nation chief

Wet’suwet’en Chief concerned the photos will sow fear in Indigenous communities

‘Unacceptable’: What politicians have to say about Trudeau in blackface

Calgary Mayor Naheed Nenshi: ‘When I saw that picture last night, certainly it was a sucker-punch’

Island contestant competes on Great Canadian Baking Show

Andrea Nauta auditioned for the show before but was lucky second time around

VIDEO: B.C. man accused of assaulting sex worker loses temper in interrogation

Defence lawyer says statements made by accused Curtis Sagmoen should be deemed inadmissible

Most Read