<strong>Written By:</strong> N Say
<strong>Date:</strong> 2007-10-06 18:11:30
<a href="/article/105734107-another-energy-giant-rages-against-plan-to-hike-alberta-royalties">Article Link</a>
A panel appointed by the Alberta government released a report in September that said Albertans are not getting their fair share of energy revenues, and it recommended raising royalty rates by 20 per cent, or $2 billion a year.
<P>
A series of oil and gas companies have been coming forward to criticize the suggestion, saying an increase would hurt the province's investment and growth potential.
<P>
...
<P>
"<B>No one should be surprised that firms are making noises that they will invest less or build less if royalties increase</B>," energy policy expert Joseph Doucet said Thursday.
<P>
"The real question for the government to look at is by how much that might change, in order to make the best decision."
<P>
Doucet said the government should be able to strike a balance between increasing rates and maintaining the industry.
<P>
"<B>Although there will be a hit on the industrial sector, it won't necessarily be as large as people are predicting</B>," he said.
<P>
[None of these oil companies have said they will pack up & leave, and that the oil/gas industry will no longer be viable in Alberta. None. & ConocoPhillips has probably had way worse things happen to them than having the royalties raised in Alberta. -- NSay]
My heart bleeds for Kev and the boys in senior management.
Think of the carnage at bonus time if Albertans should dare to claim some benefit from their resource depletion.
ConocoPhillips’ annual revenue? $183,650,000,000.
Blow off NAFTA and nationalise all energy
A Nationalise oil Campaign could start right here and if Canadians have a backbone it will
---
"When I tell the truth, it is not for the sake of convincing those who do not know it, but for the sake of defending those that do."
William Blake
<a href="http://plawiuk.blogspot.com/2007/09/king-ralph-shills-for-big-oil.html">http://plawiuk.blogspot.com/2007/09/king-ralph-shills-for-big-oil.html</a><br />
<br />
SATURDAY, SEPTEMBER 22, 2007<br />
King Ralph Shills For Big Oil <br />
Well that didn't take long. King Ralph went from Premier to Oil Lobbyist in a blink of an eye. Faster than Lougheed and even Getty, his old big oil nemesis. <br />
<br />
Klein slams Alberta royalty recommendation<br />
<br />
<br />
And luckily he did it in Alberta, where weak tea lobbyist legislation was only just passed this spring. So it doesn't affect him. And he is doing it as they say; pro bono. Yep the Big Guy is out defending the Oil lobby and his own political decisions when it comes to selling out Albertans to the Calgary Oil Lobby.<br />
<br />
<br />
Remember Ken Kowalski's 1994 appointment to chair the Alberta Energy and Utilities Board? It stirred up so much oilpatch opposition that then premier Ralph Klein had to rescind the post he gave the former deputy premier who'd been freshly bounced from cabinet. <br />
Governments in Alberta and elsewhere have traditionally rewarded loyal supporters with plum appointments, often over the hue and cry of opposition parties and the general public.<br />
The Kowalski appointment enraged a sector with considerably more clout: Big Oil. When it said the position required somebody more qualified and less political, Klein was forced to respond.<br />
For a decade Albertans have been ripped off of profits from our resources, shoring up the oil industry with subsidies directly and indirectly, the latter being our penny on the dollar royalty rate for developing the tarsands. The result was the famous neo-con Klein Revolution, for which he annually collected gold medals from the Fraser Institute, which then went on to hire him once he retired as premier. <br />
<br />
Should we be surprised he defends his regimes sell out of Alberta, native and Canadian resources? Of course not. He was after all the Premier the Party of Calgary picked. The Party of Calgary has become the bugaboo of Edmonton Sun columnist Neil Waugh, who describes them as the oil aristocracy. <br />
<br />
<p>---<br>"When I tell the truth, it is not for the sake of convincing those who do not know it, but for the sake of defending those that do."<br />
<br />
William Blake<br />
<br />
Supply and demand.
We have supply, they want it.
Make them PAY for it.
It's what they'd do to us if the positions were reversed.
---
If George W. Bush and Tony Blair are really Christians, then pork and shrimp are Kosher.