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Vol. 6, No. 14 Week of October 28, 2001
Providing coverage of Alaska and northern Canada's oil and gas industry


Alberta budget surplus nosedives, with even tougher times in store

Industry organizations predict 20 percent decline in drilling next year, accelerating the shrinkage in North American gas supply, but some say a price turnaround is “inevitable”

Gary Park

PNA Canadian Correspondent

Alberta’s official symbol is the wild rose, of which the only operative word these days is “wild.” Otherwise, the bloom is off the rose in a province that has been deficit free for almost a decade and wallowing in budget surpluses ever since, with the prospect of wiping out its remaining debt in tim....

    [additional news subjects in this story]

Forecast ever-weakening

North American gas prices in dramatic slump

PanCanadian slowing selected activities

Forecasts down


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