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The Sir Robert Bond Papers: Oil Royalty and Oil Price Forecasts (2015) #nlpoli

Don Mills says people in Newfoundland and Labrador have a false impression of the state of the provincial economy.

Wade Locke says Mills is full of it.

To bolster his argument, such as it is, Locke released a raft of pretty charts a couple of weeks ago.

One of them included a slide showing . . . → Read More: The Sir Robert Bond Papers: Oil Royalty and Oil Price Forecasts (2015) #nlpoli

The Sir Robert Bond Papers: Oil and polls #nlpoli

Two things for Tuesday after a monster snow storm.

Oil:  Brent crude hit a low of $52.50 before rebounding to finish Monday at just below US$55 a barrel.  Newfoundland light, sweet crude trades at Brent prices.

West Texas Intermediate was even lower.  It settled at $43.88 with global production staying high and analysts fearing a . . . → Read More: The Sir Robert Bond Papers: Oil and polls #nlpoli

daveberta.ca - Alberta Politics: Sometimes living in Alberta is like living in Bill Murray’s Groundhog Day

Sometimes living in Alberta is like living in the classic film Groundhog Day, in which actor Bill Murray finds himself in a time loop, repeating the same day again and again. In Alberta, relying on the cyclical nature of oil prices while… Continue Reading →

The Sir Robert Bond Papers: Thinking about the Unthinkable #nlpoli

Only a decade ago, voters turfed Roger Grimes and the Liberals from office as punishment for – among other things – signing a deal to develop a nickel mine even though it was a really good deal.

But leave the oil in the ground rather than pump it out?

Unthinkable. 

That’s curious because leaving . . . → Read More: The Sir Robert Bond Papers: Thinking about the Unthinkable #nlpoli

The Sir Robert Bond Papers: The cost of not doing the math #nlpoli

Natural resources minister Jerome Kennedy admitted over the weekend that he had not done the calculation to figure out if the equity stake in Hebron was worth the cost compared to just a change in the royalty regime.

CBC’s David Cochrane put the question to Kennedy after seven minutes or so of Kennedy’s recitation of . . . → Read More: The Sir Robert Bond Papers: The cost of not doing the math #nlpoli

The Sir Robert Bond Papers: Oil and Democracy #nlpoli #cdnpoli

Michael Ross contends there is a relationship between oil revenues and democracy.  Crudely put:  oil hinders democracy.

First, the oil-impedes-democracy claim is both valid and statistically robust; in other words, oil does hurt democracy. …

Second, the harmful influence of oil is not restricted to the Middle East. …

The third finding is that nonfuel . . . → Read More: The Sir Robert Bond Papers: Oil and Democracy #nlpoli #cdnpoli