
Struggles in oil country
Low oil values have calmed prices at the pump, but they have also hit fleets and owner-operators who serve Canada's famed oil patch. Ritchie Bros. Auctioneers hosted a record-breaking sale in Edmonton this April, reselling about 10,600 pieces of equipment. That is clearly the sign of a struggling industry, especially when you consider that just 46% of the purchased equipment stayed in the province.