Alberta economic downturn: Everything old is new again

OPEC has reached a deal, but no one is sure it will hold.

Europe is in a deep freeze, which has slightlyboostedthe price of oil.

Crude prices have recently climbed,but Calgary companies are cautiously mulling whether to invest in new jobs this year.

It's January 1987, 30years ago this week and everything old is new again.

Check out this video from our vaults.

Calgary at a Crossroads is CBC Calgary's special focus on life in our city during the downturn. A look at Calgary's culture, identity and what it means to be Calgarian. Read more stories from the series atCalgary at a Crossroads.