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Electric cars, oil price rebounds and Grande Prairie: What one energy expert will be watching in 2017

from CBC News

Oil prices are likely to stabilize and possibly rise in 2017, while electric cars could change the game, according to the executive director of the ARC Energy Research Institute. Speaking to the Calgary Eyeopener, Peter Tertzakian said he expects OPEC will stick to its promise of production cuts and that prices should rise by the end of the year. He's also optimistic about returns from the Montney formation — a 130,000-square-kilometre area in northeastern B.C. and northwestern Alberta. more


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