Alberta Premier Rachel Notley speaks to cabinet members in Edmonton on Monday December 3, 2018. (THE CANADIAN PRESS/Jason Franson)

Premier Rachel Notley says Alberta to ease oil production cuts

Alberta is allowing increased production in February and March by 75,000 barrels per day

Alberta Premier Rachel Notley says the province is easing mandatory oil production cuts as the value of oil increases.

Last month, the province ordered production of raw crude oil and bitumen to be reduced by 325,000 barrels per day to deal with low prices.

Notley says Alberta is allowing increased production in February and March by 75,000 barrels per day.

Notley says the December decision has helped draw storage levels of oil down.

READ MORE: Alberta buying its own rail cars to move oil without feds, Notley says

The premier says Alberta is not out of the woods yet, but the temporary production cut is working.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

UPDATED: Alcohol ‘believed to be a factor’ in collision – Campbell River RCMP

Mounties believe man was speeding when he struck car on Island Highway

VIDEO: Mowi launches $30-million vessel to treat farmed salmon for sea lice

Freshwater treatment an improvement but fish farms should be removed from sea, says conservationist

City of Campbell River opens the call for food trucks downtown this summer

City will use pilot project to determine the future of food trucks in the downtown core

Deadline looming for North Island College scholarship applications

Students have until April 24 to apply for a record number of… Continue reading

Campbell River Skating Club wraps up another great season

‘We could not have possibly asked for a more encouraging year to continue to build on’

‘No answers:’ Canadians react to Sri Lanka bombings that killed hundreds

The co-ordinated bomb attacks killed at least 207 people and injured 450 more on Easter Sunday

RCMP confirm witnesses say body found at Kelowna’s Gyro Beach

Police tape is blocking part of the beach and several RCMP officers are on scene.

B.C. fire department rescues kittens

Enderby homeowner not aware kittens in wood pile near garbage pile fire that got out of hand

QUIZ: How much do you know about Easter?

Take this short quiz and put your knowledge to the test

B.C. VIEWS: NDP’s lawyer show is turning into a horror movie

Court actions pile up over pipelines, car insurance, care aides

Global Affairs warns Canadians in Sri Lanka there could be more attacks

A series of bomb blasts killed at least 207 people and injured hundreds more

Waste not: Kootenay brewery leftovers feed the local food chain

Spent grains from the Trail Beer Refinery are donated to local farmers and growers, none go to waste

Deck collapses in Langley during celebration, 35 people injured

Emergency responders rushed to the Langley home

Most Read