Premier Redford... The TRUTH please...

[nicolaas]

quick, lets build more pipelines so we can ship out our 35 dollar discounted heavy oil even faster....... or maybe its time to start shipping refined product?

[FarmRanger]

1. If you have existing contracts with oil
companies with set royalty rates, raising rates is
breach of contract - not a road that a western
democracy really wants to travel down. Eg. Hugo
Chavez. Raise new royalties where they don't
break existing contacts all you want, but be aware
of consequences.

2. Cotton is right, the province gets its tax revenue
when salaries, and shareholders get paid. Tax the
profit away before you pay the employees or
shareholders and the incentive to produce
reduces or disappears.

3. Creating a mountain of refined product
thousands of miles from your markets doesn't
make economic or practical sense. How many
more pipelines would you need with highly volatile
explosive products transported in them?

Just saying.

[seabass]

To expand on what Horse was getting at about orphaned wells. What would be the best approach for someone who is negotiating with an oil company about drilling on there land. If u start putting in too many stipulations in the contract wouldn't they just go negotiate with the neighbor. Just in reference to cleanup and environmental issues.

[bucket]

The word "truth" and "a politician's name" can not be used in the same sentence.

Does not matter the party.

Deep thoughts.

[TOM4CWB]

Bucket,

Even when a politician does EXACTLY what they said
they would do... LIKE BRAD WALL... you still include
them in this statement?

How can anyone ever govern... if the citizen takes this
point of view?

What are you saying about Wildrose? Not perfect... but
the principal of not planning deceit and being honest...
lost the election for them! How are we all better off
with this outcome?

Cheers

[wd9]

FarmRanger, nope. The government is
missing out on a huge income that just
gets absorbed in US oil companies. From
obscene profits to almost obscene, that
would be the shift, yet at least Alberta
would get some benefit.

Give it away. Be afraid to raise
royalties and live in fear watching the
environment getting destroyed with no
reserve to pay for it. Solid plan that
is endorsed by most albertans. Perfect.

Cana't believe people can argue for
albertans giving our natural resources
away in the name of a few getting income
distorting wages.

[wilagro]

wd9: For once we have something that we agree on. The AB government is selling out the ranch from beneath our feet and nobody is the wiser it seems.

[ColevilleH2S]

"a few getting income distorting wages"

You definition of "few" and mine must be different. The hundreds of thousands of people that derive their families income from the oil industry might disagree with yours too.

I am utterly astonished at the myopic view some have of the corporate structure. They see the odd seven figure CEO income and become blind to the billions of dollars of wealth creation shared with employees, suppliers, customers, governments and shareholders. Really, where would we be now if we didn't have this innovative structure that allows for the pooling of capital to achieve a common goal?

If the oil companies had no prospect of making a profit in Alberta, they would not be there, and then where would the people of Alberta be? The answer is, Saskatchewan, BC, North Dakota, etc. etc. etc.

[wd9]

Colle, they make obscene profit.

[ASRG]

Horse: If you aren't getting paid rent for an abandoned well, due to bankruptcy, you can apply to the Surface rights board and they will pay you? Contact the Farmers Advocate Office and ask for Carol Goodfellow.