By Arathy Somasekhar
HOUSTON (Reuters) – Alberta, Canada’s main oil-producing region, can help alleviate the global oil supply crunch caused by energy disruptions, Alberta energy minister, Sonya Savage, said on Sunday.
Alberta has some spare pipeline and rail capacity and can move more oil to the United States, Savage said in Houston ahead of the CERAWeek energy conference by S&P Global. Oil prices in Monday trading in Asia have soared to $128 per barrel, up from about $83 per barrel in January.
“We are the solution, not Venezuela and others,” Savage told Reuters, an apparent reference to U.S. sending a delegation to Caracas last week to discuss an easing of U.S. oil sanctions.
(Reporting by Arathy Somasekhar and Marcy De Luna in Houston; Editing by Tom Hogue)
