The Petroleum Services Association of Canada is forecasting 500 fewer wells will be drilled across Canada than it previously anticipated for 2018, with the Canada-U.S. exchange rate averaging about 77 cents and crude oil prices at $65 USD per barrel.
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Canadian oil exports moving by train have set another record and the trend won’t be derailed anytime soon — until additional pipelines are built.
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The oil industry is more profitable than at any time in years, yet the industry could fail to supply enough oil to meet global demand in just a few years’ time.
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New multi-family home sales in Edmonton are up one percent with townhome sales becoming more attractive as mortgage stress test rules make bigger purchases more difficult, shows a second-quarter market report.
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The Grande Prairie region has made a massive jump in the annual rankings of Canada’s Best Places to Live. The MoneySense survey rates the City of Grande Prairie 39th and the County of Grande Prairie 90th out of 415 communities with more than 9,000 residents.
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Alberta’s economy continues to rebound and, according to our calculations, you should move to the Red Deer area to best take advantage.
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One of Lethbridge’s more dangerous intersections has been redesigned.
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An environmental assessment of the Keystone Xl pipeline project by the State Department has concluded it will be safe for Nebraska’s water, land, and wildlife, which could probably be filed under “Obstacles cleared” were it not for a lawsuit against TransCanada in Nebraska that is still pending before the state’s Supreme Court.
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A location for the Medicine Hat supervised consumption site has not been made public but those who believe it will affect them are already expressing concerns.
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A petition protesting the city’s plan to restrict off-leash dog walking at Kin Coulee Park has already garnered 2,595 signatures, while the manager of parks says it must limit pets roaming to preserve the historical site.
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