Saturday, October 27, 2007

New Brunswick Tries To Charm Albertan Oil and Gas Companies From Alberta

New Brunswick is aggressively courting companies to come to their jurisdiction. Note the royalty numbers quoted; considerably lower than the Klein era royalties that turned Alberta into an economic juggernaut.

See short clip on time 0:30 and a longer clip at 4:28 which runs to 7:00

http://www.cbc.ca/video/popup.html?http://www.cbc.ca/ondemand/newsatsix/fredericton.asx

3 comments:

Anonymous said...

I think the royalty recommendation is a colossal blunder, but history has been kind to Don Getty, Dick Johnston, and Leroy Fjordbotten, so why not Special Ed? Geologic time is kind to all of us.

For all the angst from the people most knowledgeable about the issue, and the tremendous amount of good thinking that has gone on for the last month, it's obvious from reading many of the provincial newspaper columns that journalism has become a tepid profession that strives to ascend to the heights of People magazine. I don't blame any of them; they are providing a service and the audience isn't quite as demanding as it should be. After all, when a democratic government is able to "renegotiate" legal and binding contracts and not one dissenting citizen's voice can be heard, why should any member of Alberta's mainstream media be concerned? In the future if it's deemed to be in the collective good, why not seize the assets of those people who chose saving over debt, and redistribute them as part of the "fair share"?

Let's hope that those people who are the most adversely affected by the royalty review are still in the province if aliens ever descend from the heavens, or heathens ride in from the east. While the People reporters are all busily reporting on the benefits of assimilation, a few Albertans will be hacking, chopping, and skewering their way through the mountains of bullshit.

Anonymous said...

The link is no longer working. Any chance for a new one?

Ian Langdon said...

I'll try to get a fresh link for it; might be a few days though.