Gas City to shut down most municipal wells amid $100K daily loss
Medicine Hat plans accelerated abandonment of 2000 low production wells over three years to cut costs and start reclamation. The municipal energy division, employing about 100, faced a 36 million cash loss this year as gas prices linger below break even despite prior 171 million in sales when gas hit eight dollars per gigajoule in 2008.
MENTIONED IN THIS ARTICLE
Medicine Hat
Turnbull
Coun
Jamie McIntosh
Advanced Education Minister Foresees Tough Budget Choices
Advanced Education Minister Demetrios Nicolaides visited Medicine Hat College to discuss post secondary challenges tied to budget constraints and enrolment. He urged a sustainable model that expands access and maintains high quality as Alberta faces a $5.6 billion advanced education budget cited as alarming by Finance Minister Travis Toews.
MENTIONED IN THIS ARTICLE
Advanced Education
Medicine Hat College
Alberta
Demetrios Nicolaides
Medicine Hat and District
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