Newspaper article The Canadian Press

Canada's Ambassador to U.S. Tries to Head off Concerns about Oil Output Cut

Newspaper article The Canadian Press

Canada's Ambassador to U.S. Tries to Head off Concerns about Oil Output Cut

Article excerpt

Ambassador tries to head off oil output cut concerns

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WASHINGTON - Canada's ambassador to the United States says he has done some pre-emptive diplomacy with the Trump administration on Alberta's plans to force output cuts on its oil industry.

David MacNaughton says no one in the U.S. government has raised Alberta Premier Rachel Notley's move with him.

Still, MacNaughton says he has reached out to his counterpart Kelly Craft to emphasize the cuts are only temporary and that Canada does not feel they violate existing free-trade rules.

Notley has ordered a mandatory 8.7 per cent cut in oil production to reduce a glut of Alberta oil that is forcing steep price discounts.

MacNaughton notes the production cuts are not universally loved within the industry and some unhappy players are likely in the ear of the U. …

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