Are We Back To The Days of Ralph?
Filed Under Alberta Economy · Tagged: Alberta, Alberta Oil Royalties, ed stelmach, Oil, Oil royalties, royalties
So it looks like we are back to the days of Ralph with the Royalties in Alberta… Here is the original article from the Calgary Herald. Yesterday Premier Ed passed another revision of his Royalty Review and is now sitting at 36%. The Article also talks about how the Alberta government will collect in 2013 $400 million more than what was under King Ralph’s reign, however it’s $800 million less then what Premier Ed originally passed.
I would like to hear from all the individuals that are in the oil industry and would like to get your take on this… What have you seen this do to the industry and how will it impact the oil and gas industry in Calgary in the future…
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