Wikinews

Canada increases oil production to assist U.S.

There are no reviewed versions of this page, so it may not have been checked for adherence to standards.

Monday, September 5, 2005

noicon
Icon of loudspeaker
This audio file was created from the text revision dated 2005-09-05 and may not reflect subsequent text edits to this report. (audio help)

The Alberta Energy and Utilities Board of Alberta, Canada, will increase oil output by between 18,000 and 30,000 barrels a day to help the U.S. in the wake of Hurricane Katrina. This is being done by temporarily suspending limits on oil production. The increase was requested by Alberta's Premier, Ralph Klein.

The comparatively small size of the increase has led industry analyst Peter Linder to call the increase "more of a token gesture" and a "drop in the bucket" by comparison to normal production levels.

The increase in production levels is temporary, but no date has been set for when the output levels might again be capped. Analysts say that 10% of the U.S. Gulf States' oil production was affected by the hurricane.

Sources

edit
 

Share this:           



 

This page is archived, and is no longer publicly editable.

Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.

The text of this article has been released into the public domain. In the event that this is not legally possible, this article may be used for any purpose, without any condition, unless such conditions are required by law. This applies worldwide. Copyright terms on images, however, may vary, so please check individual image pages prior to duplication.

  This page is archived, and is no longer publicly editable.
Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.

The text of this article has been released into the public domain. In the event that this is not legally possible, this article may be used for any purpose, without any condition, unless such conditions are required by law. This applies worldwide. Copyright terms on images, however, may vary, so please check individual image pages prior to duplication.
Retrieved from "https://en.wikinews.org/wiki/Canada_increases_oil_production_to_assist_U.S."