-5.5 C
Fort St. John
Wednesday, February 20, 2019
9924 101 ave Fort St. John, B.C.
Advertisement
Home News Oil and Gas Update

Oil and Gas Update

Advertisement

There’s a dramatic drop in the price of oil today. It has fallen by more than $9.00 a barrel but neverthless, it is still trading for nearly $136 U.S. The drop in price comes on the same day as the release of the new MJ Ervin and Associates cross-country gasoline price survey.

The national average price has held steady for the past two weeks, at $1.395 per liter.

Meanwhile, the July sale of oil and gas rights in Northeastern B.C. is scheduled for tomorrow. If it continues the trend of the past two months, when the sales topped $400 million and $200 million respectively, this calendar year’s seven-month total will break last year’s twelve-month record of 1.2 billion.

- Advertisement -

get the latest news in your inbox

Author

Advertisement

Local Events

Must Read

February 20 marks one year until BC 2020 Winter Games in...

FORT ST. JOHN, B.C. - Tomorrow, February 20, marks one year until the B.C. 2020 Winter Games takes place in Fort St. John.In March...