On Sunday evening Alberta Premier Rachel Notley announced to the province that her government was legislating a temporary 8.7 per cent cut in the production of bitumen and conventional oil starting January 1, 2019. To the degree that the current price differential is the result of an excess supply of bitumen in the face of …
At the core of the current battle between the governments of Alberta and British Columbia is the assertion by Premier Notley and Prime Minister Trudeau that the economic benefits of the Trans Mountain Expansion Project are sufficient to justify the increased risk of environmentally disastrous spills on the BC coastline and the additional contribution to …
It has now been a full year since the Alberta government announced its new royalty framework for oil and gas. The announcement, delivered with significant fanfare on January 29, 2016, and accompanied by numerous statements of support from the oil and gas industry, essentially boiled down to the statement that Alberta was already receiving its …