this post was submitted on 28 Feb 2026

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Alberta projects deficit of nearly C$9.4bn, citing low oil prices (www.bbc.com)

submitted 3 days ago by NomNom@feddit.uk to c/alberta@lemmy.ca

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[–] GreenBeard@lemmy.ca 2 points 2 days ago (1 children)

Well, on the upside, I'm sure the middle east literally and figuratively exploding into a war zone will drive prices up in the near future. If Iranian counter-attacks take out Saudi and Emirati oil fields it will probably send oil way up.

[–] Pyr_Pressure@lemmy.ca 1 points 2 days ago

They've closed the straight of Hormuz which transports 20% of global oil.