Alberta

Premier Notley easing off the brake on oil production limit

Published

2 weeks ago

Duane Rolheiser

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From the Province of Alberta

Province eases oil production limits

As storage levels draw down and the value of Alberta’s oil increases, the province is increasing the limit on oil production.

Premier Rachel Notley’s decision to protect the value of Alberta’s oil has been instrumental in helping reduce the amount of oil in storage, which had been nearly twice the normal level and resulted in the resources owned by all Albertans being given away for pennies on the dollar.

In response to new storage data, Alberta is increasing production in February and March to 3.63 million barrels per day, which is a 75,000-barrel per day increase from the January limit of 3.56 million barrels per day.

“We’re not out of the woods yet, but this temporary measure is working. While it hasn’t been easy, companies big and small have stepped up to help us work through this short-term crisis while we work on longer-term solutions, like our investment in rail and our continued fight for pipelines. I want to thank Alberta producers for working with us to protect the jobs and livelihoods of thousands of Alberta families and businesses, and your cooperation has been key to easing these limits ahead of schedule.”
Premier Rachel Notley

Alberta’s goal has always been to match production levels to what can be shipped using existing pipeline and rail capacity, while encouraging a reduction in storage levels. The decision to temporarily limit oil production was applied fairly and equitably, and has been instrumental in saving jobs across the energy sector.

Since the production limit was announced in December 2018, storage levels in Alberta have dropped ahead of schedule, declining by five million barrels to a total of 30 million barrels in storage. Analysis based on independent data suggests storage levels have been decreasing roughly one million barrels per week since the start of 2019 and are on track to continue clearing the storage glut that led to unprecedented discounts for Alberta oil in late 2018.

“I will never stop fighting for Albertans and Canadians to get top dollar for the resources that belong to them. We will adjust these production levels as necessary going forward and we will not waver in our fight for a Made-in-Alberta strategy to build new pipelines, access new markets and add value that creates jobs by upgrading more of our oil and gas here at home.”
Premier Rachel Notley

Background

Based on the Q1 2019 forecast of production, government announced on Dec. 2, 2018 a reduction in production of 325,000 barrels a day of raw crude oil and raw bitumen. That 325,000 bpd was established as the difference between pipeline and takeaway capacity of 3.56 million barrels a day and the Q1 2019 publicly stated industry-wide forecast production of 3.89 million barrels a day.

The first 10,000 barrels per day a company produces remains exempt from any production limits, meaning 28 of over 300 producers in Alberta are subject to the production limits.

Since the production limits were introduced, government has amended its formula for determining how to allocate space under the production limit. It was determined that starting in February government would use each company’s highest level of production during their best single month from November 2017 to October 2018 as its baseline production level. This was a change from the original formula where the baseline would be established on a company’s highest six-month average over the same time period.

This change was made after listening to concerns from industry and advice from the Alberta Energy Regulator to better account for companies that were in the process of ramping up production as part of long-term investments in the province.

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Duane Rolheiser

Alberta

As Hair Massacure Returns for Another Year, Here’s A Moving Look at How it Began

Published

1 day ago

Todayville

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On February 22, 2019, thousands of heads will be shaved in honour of the journey of sick children losing their hair due to chemotherapy.

People will gather once again at the Toyota Mayfield Ice Palace at West Edmonton Mall to collectively shave their heads, raising money in support of Albertans facing cancer.

The Hair Massacure is founded, supported and organized by The MacDonald Family, in honour of their daughter Kali, a childhood cancer survivor.

The MacDonald family partners once again with the Children’s Wish Foundation of Canada and supports Terry Fox Profyle, a Pediatric cancer research project.

With the support of their partners, the family plans to scale Hair Massacure to the national level with the support of the Children’s Wish Foundation, continuing to raise funding for pediatric cancer research and for children with life threatening illnesses.

Children’s Wish Foundation of Canada

Children’s Wish Foundation of Canada is a 100% Canadian charity that grants the single-most heartfelt wishes of Canadian children diagnosed with life-threatening illnesses. Every wish is as unique as the child making it. In Alberta and the NWT, we grant a Wish every three days and approve around 180 new Wishes each year. Wish referrals can be made by anyone who has a child in their lives between the ages of 3-17 and meets the medical criteria. Become a supporter of the largest Wish granting organization in Canada today!

Terry Fox Profyle

For the first time in Canadian history, more than 30 pediatric cancer research and funding organizations have joined forces through Terry Fox PROFYLE, a pan-Canadian project to give children, adolescents and young adults who are out of conventional treatment options another chance to beat their cancer. Short for PRecision Oncology For Young peopLE, the Terry Fox Research Institute (TFRI) and these research and funding partners are working and fundraising together under a unique partnership that to date is providing a total of $16.4 million to molecularly profile the tumours of these patients, no matter where they live in Canada. For example, if Terry Fox had been diagnosed with cancer today, he would have been eligible for PROFYLE when the tumour returned and spread to his lungs. A $5-million investment by TFRI is the catalyst bringing together top scientists and clinicians, research centres, cancer charities and foundations at children’s hospitals across the country to create new hope for young people who need it the most.

Video produced by Storyteller Productions .

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Alberta

Hard to believe this was NOT a fatality..

Published

5 days ago

Duane Rolheiser

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From Coronation RCMP

Coronation RCMP respond to rear-end collision involving two semi-tractor trailer units

On February 11, 2019 at 4:13 a.m., Coronation RCMP, Coronation EMS and the Coronation and Castor Fire Departments responded to a complaint involving a two vehicle collision at the intersection of Highway 12 and Range Road 110 near the town of Coronation. Two semi-tractor trailer units were travelling eastbound on Highway 12. The leading tractor-trailer attempted to make a northbound turn onto Range Road 110 from Highway 12 when a rear-end collision occurred between the two tractor trailers.

Coronation Semi Collision

The adult male driver and lone occupant of the rear tractor-trailer was transported to the Castor hospital to treat his injuries.

The driver and lone occupant of the lead tractor trailer was not injured.

Poor road conditions due to recent snow fall was a leading factor in the collision.

Coronation RCMP would like to take this time to remind the public to drive with particular due care and attention this time of year. Winter brings low visibility and treacherous roads which can result in various road hazards. Paying close attention to the weather, road conditions and the speed and distance created between your vehicle and other motorists can significantly decrease the risk of a motor vehicle collision.

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february, 2019

fri15feb - 3marfeb 151:00 ammar 32019 Canada Winter Games1:00 am - (march 3) 1:00 am Red Deer

sun17feb7:15 pm- 9:15 pmAnnie Jr.St. Francis of Assisi Middle School 7:15 pm - 9:15 pm

wed20feb12:30 pm- 1:00 pmBusiness Professionals Video Lecture LunchThis course explains high-level business concepts in simple ways. 12:30 pm - 1:00 pm

sat23feb1:00 pm- 4:00 pmMAGSaturday @ the MuseumMAGnificent Saturdays welcomes all ages and abilities to participate in a fun art project every week! 1:00 pm - 4:00 pm

sun24feb11:00 am- 2:00 pmOne Eleven Jazzy Brunch11:00 am - 2:00 pm

Do you love Jazz? Do you love going for Brunch? And who doesn’t.

One Eleven Grill has a phenomenal Sunday Brunch from 11 to 2 that features live Jazz. Here’s our Brunch Menu. And sorry, we don’t have toast and jam, or bacon and eggs. But we do have some amazing dishes to tempt you.

Smoked Salmon and Eggs featuring 2 poached eggs, toasted square, feta and rose sauce, served with potato/onion hash browns
Bacon Eggs Benedict – traditional fare, two poached eggs, bacon and bearnaise, served with potato/onion hash browns
Brunch Bowl with sausage, potatoes and other great things like fresh tomato, peppers, sweet onion and bearnaise
Avocado BLT featuring pepper bacon, cilantro lime aioli, avocado, artisan greens and tomato
Bacon and Cheese Omelette featuring bacon, cheddar cheese, and eggs, served with potato/onion hash browns
Scotch Egg – featuring a soft boiled egg, seasoned ground pork, panko breading, lime vinaigrette salad
Stuffed French Toast that includes fresh strawberries, Nutella, Texas Toast and cinnamon, served with fruit
Cinnamon Brioche is fresh baked with cinnamon, brown sugar, cream cheese, served with fruit

Phone 403-347-2111 for a reservation and mention “Jazzy Brunch” and you’ll be all set up for a free drink when you arrive, plus get a $25 GC for your next visit.