I think you and I would both agree the province is not awash in oil royalties. However, that is the problem. They should be. By some estimates, Alberta is the fifth largest oil producing region in the world, some say seventh. Certainly one of the top ten.
Whether the royalties collected should pay Health Care premiums, pave highways in the cities or diversify the economy is up to the politicians to decide. And the oil companies are entitled to a profit. Still the province has a responsibility to collect fair and reasonable royalties for its oil and gas. And that is not happening.
Whether the royalties collected should pay Health Care premiums, pave highways in the cities or diversify the economy is up to the politicians to decide. And the oil companies are entitled to a profit. Still the province has a responsibility to collect fair and reasonable royalties for its oil and gas. And that is not happening.
Comment