Low oil prices could last up to 18 months: Premier Kenney

Premier Jason Kenney believes oil prices could continue to hover very low late into next year. “Our best intelligence is that we will be dealing with a low price environment for probably 12 to 18 months," he said. "I hope that’s wrong, I hope the global economy recovers." He adds that Canada is in a much better position than the U.S. during this crisis. “I think there’s light at the end of the tunnel for Canada and Alberta in all of this because our oilsands in particular