Alberta to end oil Production curbs in december

Alberta will lift curbs on crude oil production at the start of december, allowing producers to use pipeline capacities and create jobs, energy Minister Sonya Savage, pictured, said Friday. The ruling comes a month ahead of the scheduled expiration of the restriction and at a time when the region’s economy is reeling under the impact of coronavirus. Nearly 16 per cent of the crude production in the province is currently offline. “Maintaining the stability and predictability of Alberta’s resource sector is vital for investor confidence as we navigate the economic conditions brought on by the pandemic, the commodity price crisis and the need for pipelines,” she said in a statement. The previous New democratic Party government imposed production limits last year to drain a glut of oil in storage that built up due to congested pipelines.