The Calgary Stampede rode into Wall Street Friday, and according to Alberta Premier Ralph Klein, it was the first time horses have been on the famed street since 1905.

"I have no idea what it's costing but it's probably worth every dime," Klein told reporters in New York about the hoopla.

The parade included about two dozen riders, complete with native hoop dancers and other entertainers. The event was to promote the Stampede, which kicks off on July 8.

But most investment professionals are likely more interested in Alberta's energy companies.

Catherine Kinney, president and CEO of the New York Stock Exchange, said there are 19 Alberta companies listed on the NYSE. All their CEOs were there Friday. Most of those companies deal in energy.

"The performance of the companies, particularly the energy companies in the Alberta area, has been really outstanding," she said.

She also added that the connection between American and Canada around energy supply is "very important and very timely right now."

Frank Atkins, an economics professor at the University of Calgary, sums up the relationship in two words. "Money talks," he told CTV. "Alberta has a lot of money, which makes New York stand up and listen."

Alberta also has some of the world's largest oil reserves, but they are mainly locked up in the oil sands of the province's northeast. Extracting the oil is an expensive process, but is still profitable with current prices hovering between $50 and $55 US per barrel.

According to Newsnet's Ellin Bessner, Friday set a new record futures price for oil at $58.47 US per barrel.