Industry

Meath Park oil rig.
Meath Park oil rig. paNOW stock photo.

Province's oil estimates unrealistically high in budget: analyst

By CKOM News
March 19, 2015 - 5:32pm

The province is being too ambitious with its oil price assumptions in this year's budget, according to a senior petroleum advisor.

“I can only see prices going down from where they are right now,” Roger McKnight with En-Pro International said. Oil closed at US$43 a barrel Thursday.

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