Oilpatch is living in limbo with oil at $40 US per barrel

CBC Canada

Following the brutal price crash in the spring, the mood in the oilpatch has improved as prices stabilize around $40 US per barrel. Still, that price means different things to different companies, with some beginning to turn on the taps to produce more oil and others still struggling mightily. https://www.cbc.ca/news/business/oilpatch-bonterra-meg-oilsands-1.5653518?cmp=rss #news/business