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1. financialpost.com › commodities › energyAlberta is on the verge of another boom — will it be more ...

   financialpost.com › commodities › energy

   Nov 10, 2021 · Economists say the province’s oil and gas industry, buoyed by higher crude oil and natural gas commodity prices, is leading the growth, but the current rebound is not limited to higher oil and gas activity as other sectors including residential real-estate investment, manufacturing and services are also rebounding.

   • Author: Geoffrey Morgan

2. www.cbc.ca › news › businessAlberta's oil producers feel recovery — but analysts aren't ...

   www.cbc.ca › news › business

   • Cached

   May 13, 2021 · Following a string of tough years, stronger commodity prices, rising vaccinations and ongoing pipeline construction are fuelling hopes of a big rebound for Canada's oilpatch. In March, Alberta oil ...

3. static.aer.ca › prd › documentsALBERTA ENERGY OUTLOOK

   static.aer.ca › prd › documents

   the oil and gas sector and pipelines and other infrastructure related to Alberta’s resources. This year’s report includes a new section on carbon capture, utilization and storage (CCUS). REPORT OVERVIEW With expected pipeline capacity improvements and reasonably elevated oil prices, Alberta’s oil and gas industry continued to grow in 2023.

4. Videos

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     Alberta’s oil and gas industry dealing with labour shortage amid boom

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     The Last Boom: Alberta's fossil fuel future

     Sep 24, 2022

     50K Views

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     Alberta needs more entry level oil and gas service workers

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5. www.theglobeandmail.com › business › article-albertaAlberta regulator forecasts oil, gas growth through 2033

   www.theglobeandmail.com › business › article-alberta

   • Cached

   Jun 24, 2024 · Western Canadian Select, which Alberta producers get for their heavier grade of oil, is expected to hit US$70 by 2033, currently just under US$67. The differential between the two prices will ...

   • Author: Emma Graney

6. financialpost.com › commodities › energyAlberta forecasts balanced budgets on surging oil revenues ...

   financialpost.com › commodities › energy

   Feb 24, 2022 · Total revenue is forecasted to reach C$62.6 billion in 2022-23, climbing to $63.9 billion in fiscal 2025. Alberta is projecting oil prices to come down over the next couple of years and non-renewable resource revenues to drop, with the province forecasting West Texas Intermediate (WTI) oil price averaging US$70 per barrel in 2022-23, before ...

   • Author: Meghan Potkins

7. open.alberta.ca › dataset › 13ab3f73-6e4e-4aac-b56bEconomic Spotlight - 2022 GDP by Industry - July 2023

   open.alberta.ca › dataset › 13ab3f73-6e4e-4aac-b56b

   The oil and gas extraction continues to be a critical industry in Alberta. Output from the mining, quarrying, & oil & gas extraction industry rose by over 5.6% to hit an all-time high. Soaring prices and strong demand boosted both conventional oil & gas extraction (+11%) and oil sands extraction (+2.4%). Favourable market conditions and strong ...

8. People also ask

   Is Alberta's oil & gas industry rebounding?

   • Economists say the province’s oil and gas industry, buoyed by higher crude oil and natural gas commodity prices, is leading the growth, but the current rebound is not limited to higher oil and gas activity as other sectors including residential real-estate investment, manufacturing and services are also rebounding.

   Alberta is on the verge of another boom - Financial Post

   financialpost.com/commodities/energy/oil-gas/albertas-swagger-is-back-and-this-time-its-not-just-an-oil-led-boom

   See all results for this question

   Why is oil & gas extraction a key industry in Alberta?

   • The oil and gas extraction continues to be a critical industry in Alberta. Output from the mining, quarrying, & oil & gas extraction industry rose by over 5.6% to hit an all-time high. Soaring prices and strong demand boosted both conventional oil & gas extraction (+11%) and oil sands extraction (+2.4%).

   Economic Spotlight - 2022 GDP by Industry - July 2023 - Alberta.ca

   open.alberta.ca/dataset/13ab3f73-6e4e-4aac-b56b-bff38800aa65/resource/44df3fc1-b4f4-49c5-8aa9-1ffb62a49060/download/tbf-economic-spotlight-2023-07.pdf

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   How did Alberta's oil and gas industry perform in 2023?

   • With expected pipeline capacity improvements and reasonably elevated oil prices, Alberta’s oil and gas industry continued to grow in 2023. Despite a dip from the record levels observed in 2022, oil prices in 2023 remained notably higher than prepandemic levels, which supported oil and liquids-rich natural gas production.

   ALBERTA ENERGY OUTLOOK

   static.aer.ca/prd/documents/sts/ST98/2024/st98-2024-executive-summary.pdf

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   Will Canada's oilpatch rebound?

   • Following a string of tough years, stronger commodity prices, rising vaccinations and ongoing pipeline construction are fuelling hopes of a big rebound for Canada's oilpatch. In March, Alberta oil production reached a milestone high.

   Alberta's oil producers feel recovery — but analysts aren't predicting

   www.cbc.ca/news/business/next-oil-boom-1.6022440

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   Will Alberta's oil prices go down in 2022-23?

   • Alberta is projecting oil prices to come down over the next couple of years and non-renewable resource revenues to drop, with the province forecasting West Texas Intermediate (WTI) oil price averaging US$70 per barrel in 2022-23, before settling around US$66.50 per barrel by 2024-25.

   Alberta forecasts balanced budgets on surging oil revenues and

   financialpost.com/commodities/energy/oil-gas/alberta-forecasts-balanced-budgets-on-surging-oil-revenues-and-rebounding-activity

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   Will a surge in oil revenues propel Alberta to a balanced budget?

   • A surge in oil revenues and rebounding economic activity will propel Alberta to balanced budgets over the next few years, according to the latest fiscal plan from the province’s United Conservative Party government.

   Alberta forecasts balanced budgets on surging oil revenues and

   financialpost.com/commodities/energy/oil-gas/alberta-forecasts-balanced-budgets-on-surging-oil-revenues-and-rebounding-activity

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9. www.aer.ca › st98 › crude-oilCrude Oil Production - Alberta Energy Regulator

   www.aer.ca › st98 › crude-oil

   • Cached

   Crude oil production in 2023 consisted of. 56% light crude oil, 16% medium crude oil, 7% heavy crude oil, and. 21% ultra-heavy crude oil. Producers are increasingly commercializing formations with large volumes of light and ultra-heavy crude oil, such as the Cardium Formation, Montney Formation, and Mannville Group, because of the price premium ...