Alberta is rich with oil, but what has it got to show for it?

[Asher]

Alberta's royalty revenues are less because the Federal Government scrapes off 70% of them to go to equalization payments, blackice. Alaska doesn't have that, do they?!

[blackice]

That is a complete and blatant lie.

That just concludes your complete lack of polical history, federally.
The rest is simply politically above your head again...

[Asher]

Let me repeat what you said:

Interesting to point out the oil sands and all your power generating abilities came from the NEP funds.

The NEP created the Alberta Oil Sands?

The NEP funded every single power generating facility in Alberta?



You vote NDP, don't you? Comon, fess up.

[blackice]

For example, between 1992 and 1997 the Alaska government collected about 1.6 times more in royalties and other fees from each barrel of oil and gas produced than Alberta. During the same period, the Norwegian government collected 2.7 times more per barrel than Alberta.

The Parkland Institute estimates that if the current Alberta government had collected revenue from oil and gas companies at the same rate as the Lougheed government, resource revenue would have been about $3.78 billion higher per year between 1992 and 1997. If royalties and other fees had been assessed at the same rate as Alaska, the Alberta government would have brought in an extra $2.0 billion per year and if they followed the lead of Norway, they would have brought in $5.7 billion more per year.

The study points out that if this extra revenue had been collected, the debate over cuts to public services like health care and education would probably have been radically different.

"The potential revenues that might have accrued to Alberta coffers had Alberta pursued rent collection at the Alaska and Norway benchmark rates could have made a significant difference to Alberta's revenue picture," reads the report. "Had such an analysis of energy rents been available, the nature of the budgetary debates since 1993 would certainly have led to different outcomes."

Back to if they did they would pay more in equalization payments is this why Klien choose this route?

[Tingkai]

Originally posted by Asher

We can drill what we want. We have the rights to our oil.

The problem is Canada takes our money and doesn't even say "thank you".

It is not just your oil. The oil is in Albeta, but it is also in Canada. So some of the wealth should be spread to all Canadians, not just the ones who choose to move to Alberta.

The oil really belongs to the company that buys the land, spends the money and takes the risk on exploration and development costs and then pumps it out of the ground.

If you say, oh we'll seperate, then what's to stop the people north of Red Deer, for example. from saying they want to form a new country called Northern Alberta. What's to stop the people around Lethbridge from saying they want to create their own mini-country. It's a slippery slope when you want to create a mini-country just for the sake of the resources that are in a particular area.

[blackice]

Originally posted by Asher
Let me repeat what you said:

Interesting to point out the oil sands and all your power generating abilities came from the NEP funds.

The NEP created the Alberta Oil Sands?

The NEP funded every single power generating facility in Alberta?



You vote NDP, don't you? Comon, fess up.

Your ignorance is astounding!

[blackice]

Originally posted by Asher

We can drill what we want. We have the rights to our oil.

The problem is Canada takes our money and doesn't even say "thank you".

Hard to say thank you to someone who says "here is a buck get a job you lazy ass"

[Tingkai]

Those are interesting stats Blackice.

Another point is Canadians should be paying more at the pump for gas. That would discourage people from buying gas guzzling vehicles that use up a non-renewable resource and that are environmentally unfriendly.

I'm not saying the price of gas should be jacked up overnight, but a steady increase in gas prices, at a rate that doesn't harm the economy, would be beneficial in the long run.

[Asher]

Originally posted by blackice
Your ignorance is astounding!

Is it?

How did the NEP create the Oil Sands when Great Canadian Oil Sands Ltd (now Suncor) began production of tar sands north of Fort McMurray in 1967?

It is not just your oil. The oil is in Albeta, but it is also in Canada. So some of the wealth should be spread to all Canadians, not just the ones who choose to move to Alberta.

No, that's not correct.
In 1930 the Federal Government of Canada transferred all Mineral Rights to the Provincial Governments of the Western provinces.

If you say, oh we'll seperate, then what's to stop the people north of Red Deer, for example. from saying they want to form a new country called Northern Alberta. What's to stop the people around Lethbridge from saying they want to create their own mini-country. It's a slippery slope when you want to create a mini-country just for the sake of the resources that are in a particular area.

If Alberta becomes its own country and RedDeer & Area feels they aren't getting the attention they deserve, then why should they be stopped from making their own country?

Its their call as to whether it can work or not.

[blackice]

1974: Syncrude became a joint public-private venture, sponsored by Esso Resources, Gulf Canada, Canada Cities Service, Hudson's Bay Oil and Gas, and the Alberta and Canadian governments. Construction of the Syncrude plant at a site near the Suncor (G.C.O.S.) plant north of Fort McMurray took 4 years to complete. Canadian Bechtel Co., handled most of the construction. The plant was initially licensed to produce 125,000 barrels of oil per day.

In general, relations with the United States during Trudeau's last term remained difficult. The Americans were furious when Canada introduced the National Energy Policy (NEP) in 1980, which sought to establish 50 percent Canadian ownership of the oil industry by 1990. Ideologically, the pro-free enterprise Republican administration did not like direct government involvement in the economy. More importantly, the NEP discriminated in favour of Canadian companies.

Washington feared that restrictions on U.S. ownership in the energy sector would threaten America's energy security, a subject on which the Americans were extremely touchy. To the Americans, Canada was acting like a troublesome and unreliable Third World country. Although the Canadian government backtracked slightly under a barrage of American criticism, the essential elements of the NEP remained in place.

Just a tid bit of what they do not teach you out there...why you tell me...

[blackice]

Yes it is astounding

[Asher]

Um. blackice, that's all general knowledge...

Alberta knows all about the NEP. It's the other provinces that are generally clueless to its details.

[Asher]

For the love of God how can you be so STUPID?

[blackice]

Oh and by the way the oil sands project is over 200 years old. Nice back peddling.

[Asher]

Originally posted by blackice
Oh and by the way the oil sands project is over 200 years old. Nice back peddling.

YOU were the one that said the NEP created the Oil Sands!

Tar sands were discovered in 1778...
By Peter Pond. At Athabasca and Clearwater Rivers, Alberta