
Cautious Calm in Canada’s Oil Patch as Prices Slide
Oil’s recent nosedive—thanks to tariffs, OPEC+ surprises, and good old-fashioned recession fears—has put a chill over Alberta’s energy sector. But if you were expecting panic from Canadian oil CEOs, think again. The tone out of Toronto today is clear: don’t flinch. InPlay Oil’s Doug Bartole isn’t pulling rigs or cutting spending just yet, despite the price rout. “Let’s take a longer view,” he told Reuters this week. Translation: don’t panic, at least not at $60. The CEO said, however,…
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