The government allowed these leases to become property. Thus the buying and selling of these leases? A solution would to be to cancel the leases, pay off the people who own them and then put them up for tender every year...just like any other private property? The guy who gets the lease is only renting the GRASS...period! No oil income, no recreation income...make that very clear!
Now somewhere on here somebody stated they bid $1.10/AUM and didn't get the grass? I believe they said it went for $1.25? Or $37.50/AUM?
How long would it take for the Alberta government to recoup the cost of these leases with a grazing fee like this plus the $40 million or so extra in oil/gas revenues?
As an Alberta citizen I expect my government to manage our collective property in the best economic manner possible? Isn't that reasonable?
Maybe it's time everybody got a kick at the can, instead of the chosen few?
I've got to go with Horse on this one. The Alberta government has no business subsidizing some to the detriment of the majority.
Now somewhere on here somebody stated they bid $1.10/AUM and didn't get the grass? I believe they said it went for $1.25? Or $37.50/AUM?
How long would it take for the Alberta government to recoup the cost of these leases with a grazing fee like this plus the $40 million or so extra in oil/gas revenues?
As an Alberta citizen I expect my government to manage our collective property in the best economic manner possible? Isn't that reasonable?
Maybe it's time everybody got a kick at the can, instead of the chosen few?
I've got to go with Horse on this one. The Alberta government has no business subsidizing some to the detriment of the majority.
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