Canadian Energy Minister Speaks Out on Downturn
Alberta has a glut of oil and natural gas hanging over the energy markets these days, but there’s another commodity piling up in the province, waiting to burst out: frustration.
According to the Calgary Herald, frustration was a prevailing theme for the province’s energy minister – and many industry players – at the recent Canadian Energy Research Institute’s 2016 Oil and Gas Symposium when the discussion turned to the need for new pipelines.
While the sector can’t escape the brutal reality of low oil and natural gas prices, economic issues are compounded by Alberta being stuck with natural resources that don’t fetch their maximum price due to infrastructure constraints.
Speaking at the s
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