Alberta sounds alarm
Collapse of 282 producers in 5 years, 53,200 direct job losses, tax boondoggle
for Petroleum News
The number of companies exploring for and producing oil and natural gas in Western Canada slumped from 1,616 four years ago to 1,334 at the end of 2018, down 17.5%.
Direct employment in the sector is forecast to drop 23% to 173,300 from 226,500 in 2014.
The upshot is that municipal governments are h....
[additional news subjects in this story]
Canary in the coal mine
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $89 per year.
Subscribers log in here to read the entire newspaper (1998 to 09/10/2019)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- https://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©1999-2019 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.