Alberta’s oil, natural gas revenues survive 2001 price roller coasterGas revenues gain 11%, despite drop in production, but crude revenues fall 20%; bitumen, heavy oil lead the declines Gary Park PNA Canadian Correspondent
The value of crude oil and natural gas produced in Alberta last year dropped only 1 percent to C$41.7 billion (US$26.3 billion), despite some of the wildest commodity price swings on record.
From a red-hot start to the year, prices cooled off quickly through the second half, according to figures re....
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