03-12-2018 03:56 via edmontonjournal.com

Notley to Restrict Oilsands Production

Alberta will cut oil production by 8.7 per cent starting in January in an effort to reduce the punishing price differential plaguing energy producers, says Premier Rachel Notley at a news conference Sunday evening.
UCP Leader Jason Kenney and Alberta Party Leader Stephen Mandel have both pushed for production cuts.
The province said oil production cuts will add an estimated $1.1 billion of government revenue in 2019-20.
The price differential between Western Canadian Select and West Texas&n
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