Commodities and Futures News

Alberta on high alert for wildfire upsurge over scorching holiday weekend

2023.05.20 09:06


© Reuters. Smoke rises from areas on the southeast side of wildfire EWF-035, part of the Deep Creek Wildfire Complex which is being tackled by helicopters near Shining Bank, Alberta, Canada May 19, 2023. Alberta Wildfire/Handout via REUTERS

By Ismail Shakil

OTTAWA (Reuters) – Firefighters in Alberta are on high alert for a surge in blazes over a long weekend in the oil-rich Canadian province, which is enduring throttled energy production, home evacuations and property damage after an intense start to the wildfire season.

Record-high temperatures and lack of rain this year have led to widespread fires burning nearly 830,000 hectares (2 million acres) of land in Alberta, about 10 times the size of the province’s largest city, Calgary, according to Alberta Wildfire.

Ahead of the Victoria Day weekend, authorities have closed some parks and campgrounds in Alberta, and are urging residents to avoid activities that could enrage wildfires, to avoid straining firefighting resources.

The holiday weekend, when residents traditionally go camping or enjoy other outdoor activities in warmer weather, usually sees an uptick in seasonal wildfires, some of which are accidentally caused by people.

“We will all be on high alert this weekend,” Christie Tucker, information unit manager at Alberta Wildfire, said on Friday. “We’re positioned for sustained action on those wildfires currently on the landscape, we’re prepared for new starts and we continue to bring in extra resources.”

Over 2,800 firefighters from Canada and the United States were battling about 93 active wildfires on Friday, and more were expected to join on Saturday.

The wildfires have tested Alberta Premier Danielle Smith’s disaster management skills ahead of a provincial election on May 29.

Some 275 houses, businesses and other properties had been damaged, while more than 10,000 people remained evacuated by Friday, according to Alberta government officials. Several oil and gas companies have had to sporadically stop or restart production on fluctuating fire-related risks.

Over the past couple of weeks, gas flowing from Canada to the U.S. has averaged just 7.1 billion cubic feet per day (bcfd), well below the 8.4-bcfd average exported since the start of 2023 and 9.0-bcfd in 2022, according to Refinitiv.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 105,052.15 0.68%
ethereum
Ethereum (ETH) $ 3,344.72 1.58%
xrp
XRP (XRP) $ 3.13 1.05%
tether
Tether (USDT) $ 1.00 0.01%
solana
Solana (SOL) $ 258.69 4.42%
bnb
BNB (BNB) $ 688.99 0.76%
dogecoin
Dogecoin (DOGE) $ 0.35379 1.27%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.986487 1.33%
staked-ether
Lido Staked Ether (STETH) $ 3,338.37 1.54%
tron
TRON (TRX) $ 0.253341 1.03%
chainlink
Chainlink (LINK) $ 25.52 2.12%
avalanche-2
Avalanche (AVAX) $ 37.64 6.12%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,982.50 1.48%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 104,712.06 0.29%
hedera-hashgraph
Hedera (HBAR) $ 0.342655 3.61%
stellar
Stellar (XLM) $ 0.421107 1.86%
the-open-network
Toncoin (TON) $ 5.08 0.60%
sui
Sui (SUI) $ 4.17 0.04%
shiba-inu
Shiba Inu (SHIB) $ 0.00002 0.30%
weth
WETH (WETH) $ 3,343.74 1.60%
polkadot
Polkadot (DOT) $ 6.34 0.18%
bitget-token
Bitget Token (BGB) $ 7.71 0.09%
litecoin
Litecoin (LTC) $ 124.07 1.66%
leo-token
LEO Token (LEO) $ 9.75 0.23%
bitcoin-cash
Bitcoin Cash (BCH) $ 441.92 1.47%
hyperliquid
Hyperliquid (HYPE) $ 24.17 9.51%
uniswap
Uniswap (UNI) $ 12.24 0.03%
usds
USDS (USDS) $ 1.00 0.02%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,535.27 1.32%
pepe
Pepe (PEPE) $ 0.000015 0.33%
official-trump
Official Trump (TRUMP) $ 31.04 9.21%
near
NEAR Protocol (NEAR) $ 5.06 2.43%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.00%
aave
Aave (AAVE) $ 330.70 0.49%
aptos
Aptos (APT) $ 8.34 3.35%
mantra-dao
MANTRA (OM) $ 4.77 36.93%
ondo-finance
Ondo (ONDO) $ 1.44 1.09%
internet-computer
Internet Computer (ICP) $ 9.18 0.53%
monero
Monero (XMR) $ 222.96 1.80%
whitebit
WhiteBIT Coin (WBT) $ 28.43 0.25%
ethereum-classic
Ethereum Classic (ETC) $ 26.98 0.52%
mantle
Mantle (MNT) $ 1.20 0.05%
vechain
VeChain (VET) $ 0.047943 0.78%
crypto-com-chain
Cronos (CRO) $ 0.138022 0.22%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.43878 1.50%
render-token
Render (RENDER) $ 7.04 2.53%
dai
Dai (DAI) $ 1.00 0.01%
algorand
Algorand (ALGO) $ 0.407745 1.54%
kaspa
Kaspa (KAS) $ 0.132099 1.42%