If you’ve been watching gas prices at the pump lately, you’re probably confused. Oil analysts keep talking about global oversupply and falling demand, yet your fuel costs remain stubbornly high. Here’s what’s actually happening in 2026, and why the story matters differently for southern Alberta than the headlines suggest.
The global oil market is caught between two competing forces right now. On one side, OPEC+ production decisions and geopolitical tensions in key shipping routes keep prices volatile. On the other, predictions of supply surplus from increased production in North America and slower-than-…
