Entries from October 2007

Alberta Environment Wants Expensive Carbon Credits for Big Oil

October 29th, 2007 · No Comments

I am starting to wonder if Alberta government representatives think before they speak or even think at all. Having backed off and only partially implemented the recommendation in the “Our Fair Share” report, John Knapp the assistant deputy minister of environment seems to be trying to justify Alberta’s failure to participate in an European-designed […]

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Tags: Environment · Our Fair Share Report

Enbridge, an Honest Oil Company

October 9th, 2007 · No Comments

In a province where the liberal energy critic claims that the royalty structure has cost the taxpayers 16 million dollars, Enbridge has come out to break rank with the other oil companies to indicate a proposed hike in royalties will not impact oil sands investment. According to the Calgary Sun Enbridge vice-president Richard Bird […]

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Tags: Encana · Oil Sands · Our Fair Share Report · Uncategorized

CIBC economist sees $100 oil in 2008

October 5th, 2007 · No Comments

If oil hits $100 in 2008 as predicted by CIBC then the oil companies are going to be making a killing. Will the oil companies still claim they are getting the short end of the stick if Alberta still wants their “Fair Share”?
NEW YORK (AP) — Oil prices could top $100 a barrel by […]

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Tags: Oil · Oil Sands · Our Fair Share Report

Free Ride Over in Alberta, Oil Companies Look to Saskatchewan

October 4th, 2007 · No Comments

It is now widely reported in the media that in response to the suggestion that the Alberta government should seek fair compensation for Alberta resources companies are looking elsewhere to invest. In Canadian Oilfield Supply and Services Directory it is noted that:
Calgary-based Crescent Point Energy Trust (TSX:CPG.UN) became the latest company to look […]

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Tags: Our Fair Share Report · Royalties · Saskatchewan

Nuke Alberta?

October 3rd, 2007 · No Comments

This looks like a must read book:
Stupid to the Last Drop by William Marsden
Yes at one time they were considering nuking the Alberta Oil Stands to extract the oil… funny this may have less of an environmental impact than what is currently going on.
Manley L. Natland was sitting alone in the southern desert of Saudi […]

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Tags: Environment · Oil Sands