It’s the other dirty little secret of the oilsands: Foreign companies and their shareholders are benefitting from the huge dividends produced by Alberta’s vast bitumen sand deposits while Canadians are stuck with the vast bill for the cleanup. It’s like a latter-day update on one of those Country & Western
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Alberta Politics: The Day After: Alberta heavy crude prices squirt upward in wake of Rachel Notley’s production cap announcement
It was nice for Alberta’s New Democratic Party Government that the first thing the price of Alberta heavy crude did the morning after Premier Rachel Notley’s announcement her government would cap production of Alberta oil by 8.7 per cent for three months was to squirt upward. On Friday night, Western
Continue readingAlberta Politics: In cutting oil production, Rachel Notley gives a bravura performance – but will it play in Ponoka?
As expected, Premier Rachel Notley announced tonight that her government will order an oil production cut of 325,000 barrels a day, 8.7 per cent of the province’s production, to squeeze some of the air out of the bitumen price differential that has bedevilled Alberta for several years. The short-term production
Continue readingAlberta Politics: Big Oil wants a milk break … and supply management’s foes are all over the media – except when they’re not
On Tuesday, the president of Cenovus Energy Inc., one of the Big Five players in the Alberta oilsands, called for temporary production cuts across the Canadian oil sector to push the sinking price of oil back up again. It’s all about supply and demand, as the well-educated readers of this blog
Continue readingAlberta Politics: While Albertans panicked about state of the oilsands, the Big Five bitumen-extraction corporations made billions
While Albertans have been in flap over the state of the province’s oilsands industry, the Big Five Oilsands extraction corporations have been raking in billions. “Despite the 2014 oil price crash and the ongoing hand-wringing over pipelines and the price differential, the reality is the Big Five oilsands producers have
Continue readingAlberta Politics: ‘A disservice to our nation’ – Tzeoporah Berman fires back at Jason Kenney’s ‘crass, simplistic narrative’
In a blistering broadside on social media yesterday, prominent B.C. environmentalist Tzeporah Berman fired back at Opposition Leader Jason Kenney for his continuing effort to reduce her to a figure of hatred, ridicule and contempt as a way to undermine Alberta’s NDP government. “You keep simplifying what I am saying
Continue readingAlberta Politics: Opposition focuses its fury on Tzeporah Berman, ignores oilsands advisory group’s consensus recommendations … why?
PHOTOS: Environmentalist Tzeporah Berman. Below: Former Canadian Association of Petroleum Producers president Dave Collyer, who worked successfully with Ms. Berman to produce the recommendations of the Alberta Government’s Oil Sands Advisory Group, and Opposition leaders Jason Kenney of the Progressive Conservative Party and Brian Jean of the Wildrose Party, who
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