Weather Alerts No active alerts
No active weather alerts for the Grande Prairie / Peace Region area.
Road Alerts 9
Spring breakup season — weight restrictions active on 4 highways in the region
Weight restriction on HWY-40 Both Directions near Hummingbird Ln. Activities: Weight restriction
single truck: 19t; 3: 3t; B Train truck configuration: 47t
Weight restriction on HWY-511 Both Directions near HWY-2. Activities: Weight restriction
single truck: 16t; semi trailer: 19t; B Train truck configuration: 26t
Road Breakup on HWY-40 Both Directions near Sheep Creek Rd. Speed Restriction: 80km/hr Activities: Speed reduction
Weight restriction on Township Road 703A Both Directions near Range Road 235B. Weight Restriction: 10000kg Activities: Weight restriction
The maximum allowable load is: 10000t
Traffic advisory on Shaftesbury Fry Both Directions near Shaftesbury Fry. All lanes closed. Activities: Road Closed, Use alternate route
Seasonal Road Closure on HWY-532 Both Directions near HWY-22. All lanes closed. Activities: Road Closed, Use alternate route
Seasonal Road Closure on HWY-40 Both Directions near Range Road 9. All lanes closed. Activities: Road Closed, Use alternate route
Seasonal Road Closure on HWY-40 Both Directions at Range Road 84A. All lanes closed. Activities: Road Closed, Use alternate route
Project in Winter Shutdown on HWY-43 Both Directions near Eagle Tower Rd. Activities: Lane closure, No passing, Speed reduction, No centerline marking, Grooved pavement, Narrow lane, Narrow shoulder, Pavement drop-off
Insights — So What? (3 items)
4 road closure(s) active: Shaftesbury Fry, HWY-532, HWY-40. Verify logistics routes are not impacted and activate contingency routing if needed.
Action: Check haul routes, activate contingency routing
AECO-Henry Hub basis at -2.79 — widening discount pressures Montney gas economics. Gas-directed drilling may slow, reducing demand for drilling services and materials in the Wapiti corridor.
Spring breakup / weight restrictions active on 4 roads in Grande Prairie / Wapiti Corridor. Heavy haul operations may be impacted — verify load limits before dispatching and consider alternate routes.
Action: Verify haul route weight limits, plan alternate routes, adjust delivery schedules
Commodity Prices (6)
WTI
West Texas Intermediate crude oil spot price. Key benchmark for North American oil markets.
WCS
Western Canadian Select heavy oil price. Monthly actuals from Alberta Dashboard, extended with daily estimates using WTI + last known differential.
WCS-WTI
WCS discount to WTI (monthly avg). A wider differential (more negative) signals pipeline/market stress.
AECO
AECO natural gas daily index price. Key for Alberta energy costs and drilling economics.
Henry Hub
Henry Hub natural gas spot price. Compare to AECO for basis differential — drives Montney drilling economics and export margins.
AECO-HH
AECO minus Henry Hub basis differential. Negative = AECO trades at discount. Widening discount pressures Montney gas economics.
Drilling & Production (5)
Active Rigs
Number of active drilling rigs in Alberta. Leading indicator for drilling services demand.
Licences (AB)
Monthly count of new well licences issued in Alberta. Leading indicator — licences precede drilling by 4-8 weeks.
Licences (Wapiti)
Monthly well licences issued in the Wapiti/Montney corridor. Regional leading indicator for local services demand.
AB Oil Prod
Alberta monthly crude oil production (million barrels, AER ST3). ~28 day lag. Rising production signals tighter services market.
AB Gas Prod
Alberta monthly natural gas production (billions of cubic metres, AER ST3). ~28 day lag. Montney/Deep Basin volumes are the primary driver.
Pipeline & Takeaway (3)
NGTL Util
NGTL system utilization at Upstream of James River (system aggregate). High utilization constrains Montney gas egress and suppresses AECO pricing.
Enbridge Util
Enbridge Canadian Mainline utilization at ex-Gretna (US export point). High utilization signals heavy crude takeaway constraints from WCSB.
Crude Rail
Canadian crude oil exports by rail (thousand bbl/day). Rising crude-by-rail signals pipeline takeaway constraints affecting upstream capex.
Costs & Freight (6)
CAD/USD
US dollars per Canadian dollar. A weaker CAD (higher value) increases import costs but benefits exporters.
Gas CPI (AB)
Month-over-month % change in Gasoline CPI (2002=100), Alberta. Proxy for regional fuel cost trends.
Pipe PPI
Month-over-month % change in US PPI for steel pipe and tubes. Directly tracks material cost trends for casing, tubing, line pipe, and facilities piping.
Truck Freight
For-hire motor carrier freight index. Tracks trucking costs for equipment moves, materials, and consumables to remote pad sites.
Rail Freight
Freight Rail Services Price Index. Tracks rail shipping costs for pipe, proppant, chemicals, and heavy equipment.
Carbon Charge
Federal carbon price per tonne of CO2 equivalent. Increases annually. Adds to fuel costs.
Labour Market (4)
Unemp (AB)
Alberta unemployment rate. Rising unemployment softens labour markets; falling tightens skilled trades.
Unemp (GP)
Grande Prairie CA unemployment rate (monthly, unadjusted). Direct labour market indicator for Wapiti/Montney operations.
Unemp (Peace)
Banff-Jasper-Rocky Mountain House & Athabasca-Grande Prairie-Peace River economic region unemployment (3-mo moving avg). Covers the broader Wapiti/Montney corridor labour market.
BoC Rate
Bank of Canada overnight target rate. Affects borrowing costs for capital projects and credit terms.