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    market news

    Alberta Oil Output Starts to Ramp up as Fires Ease

    Investing News Network
    May. 25, 2011 03:41PM PST
    Resource Investing News

    Reuters reports that on Wednesday, oil companies resumed operations in northern Alberta as the threat of wildfires eased.

    Reuters reports that on Wednesday, oil companies resumed operations in northern Alberta as the threat of wildfires eased.

    The market news is quoted as saying:

    More than 150,000 barrels a day of heavy oil production near Slave Lake, Alberta, has been shut down for about a week, most of it because wildfires caused a power outage that idled a a segment of a regional pipeline that carries the crude.

    Click here to access the entire news

    heavy oil productionmarket newsheavy oiloil companies
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