Posted by: Tony Carson | 14 October, 2007

What is a Fair Share for oil revenues?

When, later this month, Alberta’s Premier Ed Stelmach makes “the most important economic decision in the country this year” by determining what is a fair share for energy royalties, it will be the people making the decision, not the corporations. 

That’s the central message of this fascinating Globe and Mail article about royalties from the Alberta oil patch entitled A deep well of discontent.

The article explains that Stelmach is an entirely different guy from his monarch-like predecessor, Ralph Klein, who hung-out with such ease at the Calgary petroleum Club. But does he have the balls to take on the oil industry who is already vilifying him?

This lengthy article is a great backgrounder to a vitally important issue.


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