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Oil is at $70 — pay your bills: Farmers fume as frustration mounts over oil companies' unpaid leases and rural taxes

Article content Hannah Konschuh, a grain farmer growing wheat, canola, barley and yellow peas in Alberta’s Wheatland County, has been fighting with oil and gas companies that either haven’t paid or are aggressively trying to reduce their leases for the wells that dot her land. She’s not alone. Further south toward Medicine Hat, Ron Huvenaars, a farmer growing barley, wheat and quinoa, and who is also president of the Alberta Surface Rights Federation, says he’s been helping ...
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Natural Gas and Oil Industry Investing in Canada's Economic Recovery: CAPP forecasts an increase of more than $3 billion in planned upstream spending for 2021

Share this article Share this article CALGARY, AB, Jan. 13, 2021 /CNW/ - The Canadian Association of Petroleum Producers (CAPP) is forecasting a 14 per cent increase in upstream natural gas and oil investment in 2021. Capital spending in the sector is expected to be around $3.36 billion higher this year, reaching $27.3 billion, compared to an estimated total investment of $24 billion in 2020. The planned investment for 2021, while increasing from the lowest levels in more than a decade, would...
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