Alberta Oil Output Starts to Ramp up as Fires Ease

- May 25th, 2011

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.

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