Canada: ‘Bitumen Bubble’ Means a Hard Reckoning for Alberta, Premier Redford Warns

Globe and Mail: The sharp revenue decline will also spur the continuing national debate over pipelines, heading east or west, which Ms. Redford argues are the only way to reduce reliance on American buyers, reach new markets and fetch a higher price for Western Canadian oil. “We have a duty to ensure that our resources, especially Alberta oil and gas, get to new markets at a much fairer price,” Ms. Redford said while delivering the news in a special television address Thursday evening, which cost taxpayers $55,000.......

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