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: 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: If Rachel Notley caps Alberta oil production tonight, how quickly will Jason Kenney change his tune?
If Rachel Notley uses the Alberta Government’s power to put a cap on oil production tonight, as she hinted she would do in a newspaper op-ed Friday, how long will it take Opposition Leader Jason Kenney to change his tune? Not long, one imagines. Of course, if Mr. Kenney does
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: Brad Wall: a day late and a dollar short on Husky’s Prince Albert pipeline rupture
PHOTOS: Saskatchewan Premier Brad Wall speaking with reporters in the halls of Saskatchewan Legislative Building in Regina yesterday (screen grab from the CBC’s feed). Below: Alberta Premier Rachel Notley and the city of Prince Albert on the bank of …
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