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CP Rail CEO objects to Alberta’s oil production cuts

(Source: Canadian Press, February 21, 2019)

MIAMI — The head of Canadian Pacific Railway Ltd. has voiced his discomfort at the idea of Alberta Premier Rachel Notley’s recent production curtailments, designed to draw down a glut of trapped crude oil and decrease the differential between western Canadian and U.S. benchmark oil prices.

Full story: Calgary Herald

Friday, February 22, 2019

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