Quote:
Originally Posted by burn_this_city
WCS is now trading just below $50 in Edmonton. Last time prices were this high it was a couple months in 2018/2019 when WTI was mid 60s, before that you were looking at 2014/15 for the last time it was this high. Hearing about a few different companies dusting off projects again, hopefully that translates to job postings showing up over the next few months.
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What are the reasons behind the current WCS high? Is it sustainable for a little while?