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After being stuck in the doldrums last year, three key energy markets for Alberta are seeing a sudden resurgence.
Prices for electricity, natural gas and oil have all been moving up this year, providing a temporary boost for power generators and petroleum producers â and leading to higher prices for consumers.
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West Texas Intermediate (WTI) crude prices surged more than $2 a barrel on Monday to close at US$61.69. Prices have rallied by 27 per cent this year and some analysts expect recent gains to hold, despite ongoing uncertainty surrounding the global pandemic and the pace of vaccinations.
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