Success Story

A Success Story is an account of the achievement of success by a person or an organisation. The Success Story is a great successful performance, often unexpectedly or in spite of unfavourable conditions, often by making a lot of money.

Alberta's Oil Cut Success Story: Editorial Dept - Oil Price on 9 August 2019
Oil inventories in Alberta have fallen to two-year lows, according to energy data group Genscape, reaching 27.7 million barrels as of the end of July. Global oil inventories have weighed on prices since before OPEC instituted production quotas for its members. Alberta was no exception, with the Canadian province struggling to move its oil out of the country as pipeline capacity was woefully insufficient compared to production capacity. The shortage of pipeline capacity, which caused a buildup in inventories, weighed on the price of Western Canadian Select—so much so that Alberta’s Premier Rachel Notley announced last December an 8.7 percent cut to crude oil production province-wide. The cut, equivalent to about 325,000 barrels per day, was to be temporary.