CALGARY - The Alberta government says it will leave its oil production quotas unchanged in January to deal with the lingering consequences after oil shipping was delayed by the Canadian National Railway Co. strike and the temporary shutdown of the Keystone pipeline following a leak in North Dakota. Production limits were enacted by the previous NDP government starting in January to better match supply levels with pipeline capacity and alleviate wider-than-usual local price discounts for Alberta oil blamed on high inventory levels. The province recently announced oil production from new conventional wells won’t be subject to curtailment and producers who add crude-by-rail shipping capacity can also produce more. Crude-by-rail exports from Canada rose to 310,600 bpd in September but remained short of the record 353,800 bpd set in December 2018. An earlier version said record crude-by-rail exports was in December 2019.

Source: thestar November 27, 2019 16:41 UTC