High oil prices a potential boon for beleaguered Alberta
After falling sharply last year (even briefly turning negative), oil prices have been on a welcome tear lately.
This month, the price of a barrel of West Texas Intermediate (a common benchmark) exceeded $70 US per barrel for the first time since 2018. Only six short months ago, that same barrel would fetch barely more than $40.
Original Article Source Credits: CBC , https://www.cbc.ca/
Article Written By: Trevor Tombe
Original Article Posted on: Jun 22, 2021
Link to Original Article: https://www.cbc.ca/news/canada/calgary/road-ahead-alberta-high-oil-prices-potential-boon-1.6073884