The raging inferno at the heart of Albert’s tar sands region have caused crude oil prices surged higher.
The fire near Ft. McMurray in Alberta has forced the evacuation of more than 80,000 residents, many of whom are workers in the energy sector.
Violence in Libya is also fueling the rally in oil prices.
Snapping back from losses earlier in the week, June WTI oil jumped $1.41, or 3.2%, to $45.19 a barrel.