Saying it is responding “to the historically high oil price differential that is costing the [Canadian] economy more than $80 million/day,” the Alberta government on Dec. 2 announced a curtailment in oil production beginning Jan. 1. It will require every operator to trim output of more than 10,000 b/d by 8.7% from its highest 6 months of production over the past 12 months.

Source: News