Well the UAE has tapped their oil so now they are gobbling up chunks of Alberta’s Oils Sands. I really like how Canada has more or less sold our resources off to foreign interests…
CALGARY — Big-spending Abu Dhabi National Energy Co. (TAQA) has made its most significant deal so far in Alberta’s energy patch, spending […]
Entries from September 2007
Abu Dhabi National Energy Co. is becoming an Oil Sands Player.
September 25th, 2007 · No Comments
Tags: Oil Sands
We have oil America so protect us.
September 24th, 2007 · No Comments
Interesting article on Canada.com describing how Canada has been using it’s resource wealth as justification for our lack of military.
Is it possible that Americans will come to pay greater heed to Canada?
In appreciation of our energy largesse, will there be more understanding and less expectation from Americans when it comes to asking Canada for defence […]
Tags: Peak Oil
Alberta second-highest share of the country’s wealthiest people.
September 24th, 2007 · No Comments
This might be obvious for those who have spent sometime in Calgary but it’s now official there is more money in Alberta than pretty much anywhere else in Canada.
From Bloomberg:
The fourth-biggest province was home to 23 percent of Canadians in the top income bracket in 2004, which was C$2.83 million ($2.83 million) or higher, […]
Tags: Wealth
Alberta’s Royalty Report, “Our Fair Share”
September 23rd, 2007 · No Comments
The oil companies should have seen it coming. The title alone suggests that Albertans are being taken advantage of by the greedy oil companies. The title is the first shot across the bow guaranteed to cause a public outcry. Makes you question whether the panel was impartial.
Alberta Government News Release
Our Fair Share Report
It is […]
Tags: Our Fair Share Report · Royalties
Oil Sands stocks a good buy right now.
September 23rd, 2007 · No Comments
Many are fleeing the Canadian Oil sector. But if anyone knows how to trade now is the time to buy.
UBS Securities Canada analyst Andrew Potter thinks investors may have over-estimated the likely impact of the proposed royalty increases.
He said in a note to clients Friday that the companies he covers have collectively lost $13-billion in […]
Tags: Royalties · Stock Prices