Canada's Wildfires Threaten Oil and Gas Production.

TL;DR Summary
Wildfires in western Canada have forced major oil and gas companies like Chevron and Paramount Resources to shut down production, leading to a curb of at least 240,000 barrels of oil a day. The damage to oil and gas production is likely to surpass current tallies, and a large part of Alberta's shale gas producing regions remain under "extreme" or "very high" wildfire warnings. The shutdowns underscore how the production of oil and gas, the main driver of climate change, is also vulnerable to the increasingly dire consequences of a warming planet.
- Canada's Wildfires Have Been Disrupting Lives. Now, Oil and Gas Take a Hit. The New York Times
- Wildfires burn millions of acres in Canada, send oil prices higher CNBC
- Oil-Sands Output at Risk as Fires Flare Up in Canada Energy Hub Bloomberg
- Alberta oil sands May production under wildfire threat, Rystad Energy says Reuters
- Market Movers Americas, May 15-19: Wildfires, debt ceiling, bearish outlook weigh on US markets S&P Global
- View Full Coverage on Google News
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