Canadian Oil Companies Can Boost Production… On One Condition

The government of Alberta said on Thursday it would allow energy firms to produce more oil despite the industry-wide production cuts, if those firms move the additional barrels by rail, as continued pipeline capacity shortage dampens the prospects of Alberta’s oil and gas sector. The provincial government will be providing special allowances to oil companies to raise their oil production above the individual curtailment limit permits, on the condition that firms move the additional oil by rail. The special allowances are set to come into…