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Alberta faces decision
10/01/2007
Alberta’s government has arrived at a political intersection that’s becoming too familiar. After delivery of recommendations from the Alberta Royalty Review Panel, it must choose between the market orientation that comes naturally and excess governance.The problem isn’t just that the panel wants to hike the royalty on oil, gas, and oil sands, beyond anyone’s expectations (OGJ, Sept. 10, 2007, p. 17). It’s that the recommendations shove energy politics in a vital producing region sharply leftward.Oil sands hitRoyalty reform under the panel’s recommendations would hit bitumen from oil sands harder than it would conventional oil and gas, largely through im...
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