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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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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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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The Financial Report notes that according to Wood MacKenzie, an international energy research firm:
The Alberta government would knock US$26-billion off the value of 28 projects in operation and under development in Alberta’s oilsands if it adopts proposals to increase taxes and royalties from the energy sector by 20%.
The conclusion of Wood Mackenzie is that it […]

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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 […]

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