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Businesses in Estevan, Sask., reeling from oil price collapse – CBC

Retailers, welding shops, hotels feeling the pinch

Mar 05, 2015

Estevan, the city at the centre of Saskatchewan’s oil boom, is now grappling with a bust.

Early March is usually a busy period for drilling in southeastern Saskatchewan — right before the spring thaw.

That’s because once the ground begins to soften, road bans force most oil companies to stop working for about six weeks.

But with the ground still frozen more than half of the drilling rigs in the province have already been shut down.

Read More: http://www.cbc.ca/news/canada/saskatchewan/businesses-in-estevan-sask-reeling-from-oil-price-collapse-1.2982962

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