'We cannot let them win': Alberta premier demands federal help to end oil crisis

Premier Jason Kenney is calling an extreme drop in oil prices a product of "a flood of OPEC oil" coming onto the market and he wants Ottawa to do something about it. "I need to reiterate Alberta's urgent call for serious federal action for liquidity for our oil and gas industry," Kenney told the media Friday. "Today, the price of Western Canadian Select (WCS) oil has been trading as low as five dollars." Over the past few weeks, there has been much less demand for WCS as higher production from S