Husky CEO says Alberta’s OPEC-style cuts have created ‘secondary market’ for oil

Calgary 6155 Husky Oil gas energy headquarters hq downtown office

Husky’s CEO Rob Peabody said he has purchased available oil production space from another company in order to get more oil to market. Speaking to analysts on a conference call Tuesday morning, Peabody described it as one of the more “amusing” unintended consequences of the Alberta government’s production cuts.

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