Energy Archives - Page 7 of 7

A “fair deal” for Alberta? Historical Perspectives

11Nov

By Bob AscahNo Comments

Energy, Politics

A “fair deal” for Alberta? Historical Perspectives

On Saturday, 10 November, Premier Jason Kenney spoke to the Manning Centre “What’s Next?” Conference in Red Deer. His one-hour, five-minute speech was a spirited lament for the manifest unfairness directed towards Alberta in confederation. His speech recounted the long litany of indifference from the federal government and grievances dating back to Alberta and Saskatchewan's entry into the federation. In his speech, he stressed the immediate need for his administration to exercise leverage on the federal government. At the end of the speech, he identified a number of "demands" to the federal government including an "equalization" (sic) payment of $1.6 billion and tax credits to help Alberta companies to address orphan wells. Numerous grievancs were cited: senate reform, equalization, A...

26Sep

By Bob AscahNo Comments

Energy

TRANS MOUNTAIN- THE FEDERAL COURT WEIGHS IN

Originally posted 25 September 2018 SUMMARY Options remain Implications Chart of parties to court action Excerpts from decision Links to previous posts While the majority decision of Federal Court of Appeal Justice Eleanor Dawson threw a curve into the plans of Justin Trudeau and Rachel Notley, recent commentary suggest there may be a way out. Federal Court of Appeal decision (more…)

5Sep

By albertarecessionwatchNo Comments

Budget, Energy

Weak Land Tenure Sales Persist

Originally posted 6 September 2016 Sales of oil sands leases since 1 April, the start of the Province`s fiscal year have been weak. As the table below illustrates, except for the June sale, interest has been weak. Land sales remain important as a leading indicator of future energy investment. Public Sales Results- Oilsands Date Bonus Hectares $/HA 11-May 61,690.63 5,169.89 11.93 25-May 3,717.12 1,024.00 3.63 22-Jun 11,170,378.05 28,039.00 398.39 06-Jul 150,192.64 1,280.00 117.34 03-Aug 170,923.52 3,264.00 52.37 Totals 11,556,901.96 38,776.89 298.0358136 The charts following are taken from the Department of Energy`s webpage disclosing its Petroleum and Natural Gas Sales Statistics. The historical data prov...

12Jul

By albertarecessionwatchNo Comments

Energy

Originally posted 12 July 2016 Energy drives politics in Alberta. Since the early days of the twentieth century when natural gas (1911) and oil (1914) was discovered in the Turner Valley, the politics of Alberta have been influenced by the growing wealth of the oil and gas sector. Three pillars of the Calgary establishment- Sir James Lougheed, R.B. Bennett and W.H. McLaws - created the Calgary Stock Exchange in 1913. Like so many Alberta financial stories, the stock exchange grew by leaps and bounds until its building was foreclosed upon. While Alberta's premiers have not come directly from the oil patch, premiers ignore the oil patch at their peril. (more…)