CALGARY - The Alberta government’s decision to spend $3.7 billion to move more crude by rail was made necessary by its poorly considered move to impose production curtailments, executives with Husky Energy Inc. charged on Tuesday. Husky Energy president and CEO Robert Peabody speaks to reporters following the company's annual meeting in Calgary, Alta., Friday, May 5, 2017. The company's production averaged 304,000 barrels of oil equivalent per day, down from 320,000 boe per day a year earlier. “So our curtailment went up when the provincial number went down. Shares in Husky Energy Inc. fell Tuesday after it reported fourth-quarter net income that missed expectations.

Source: thestar February 26, 2019 12:22 UTC