Alberta Wildfires Spread, Threatening More Oil Production

Wildfires raging in Alberta are still spreading, jeopardizing more crude oil production and prompting evacuation alerts. For now, the amount of oil production curtailed because of the wildfires is modest but there are fears that if the fires continue to spread, the degree of curtailment would increase. Earlier in July, Suncor said it was curbing production at its Firebag site as it evacuated non-essential personnel. This week, Imperial Oil said it would evacuate some non-essential workers from its Kearl site. Firebag and Kearl together produce…