Energy strongholds under assault
Plunging natural gas sector forces Alberta, B.C., to make drastic budget changes; Alberta blames deep, sustained economic turmoil
For Petroleum News
The backbone of Canada’s natural gas industry is starting to buckle.
In the process the once-overflowing coffers of Alberta and British Columbia are drying up as their largest single source of revenue evaporates.
The two provinces, which account for more than 90 percent of Canada’s gas output, are s....
[additional news subjects in this story]
15 years of budget surpluses
Alberta has savings
Land auctions suffering
Ample gas supplies, weak demand
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