Discounted Resource Pricing

Greg Clark asked the government how we are going to tackle the huge discount our resources are selling at, and their answer wasn't very reassuring.

In a statement released on Saturday, the Alberta Party said the government should require oil producers to reduce production until bitumen prices improve.

”This is a national crisis,” said Greg Clark, Alberta Party caucus energy critic. “Curtailing production is a dramatic step, but it’s the right thing to do to maximize the value of the resource that all Albertans own."

Clark said that production should be reduced for each producer on a percentage basis based on their production.

 

 

 

 

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