Alberta oilpatch gets boost as crude reaches 2-year high

Energy Investing

The Vancouver Sun.com reports that oil prices are up, generating concerns labour shortages in Alberta’s Oil Patch

The Vancouver Sun.com reports that oil prices are up, generating concerns labour shortages in Alberta’s Oil Patch.

The story is quoted as saying:

The emerging labour picture is dramatically different than the past 18 months when drilling activity hit decades’ low rates on plummeting natural gas prices and the dampening effect on oil demand of a recession. Companies now are trying to re-recruit experienced workers who found other employment when rig counts hit 20-year lows

To access the full story, click here.

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