Alberta’s new share
Alberta, whose oil sands have been at the heart of a fossil fuel energy boom of late, just decided to raise its royalties by a good bit. The proposal to increase the government share of the wealth and the industry opposition mimic what’s happening here, even if the circumstances are different. Here’s a story from the Globe and Mail. Speculation that the decision would have a big negative impact on energy stocks generally didn’t play out, according to news reports.
News-Miner reporters Stefan Milkowski and Eric Lidji bring you up-to-date info about the governor's oil tax and
the gas line plans as well as tossing in some tidbits that have nowhere else to go.
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