Tuesday, April 21, 2009

Albertans Entitled to lower Natural Gas Prices-Will they get it?

The Conservatives claim they want market pressure to rule the prices when they stand to make a profit. When it goes the other way, they tend to shy away under an umbrella of excuses in order to keep their profits. What will they do this time?

In Alberta, with the Conservatives in power it is always the Alberta Consumer who ends up paying the losses.

Exerts from the full article in Financial Post:
“ When Peter Tertzakian stands on a soapbox at the Calgary Petroleum Club -- as he did last week -- and warns senior Canadian oil executives to stop being in denial about natural-gas prices ever recovering to the levels they think they need to get back to work in Alberta, they tend to listen.
His message in the presentation: Low natural-gas prices are here to stay. Either you change or you will be out of business.”


Further, Mr. Tertzakian points out the Natural Gas Prices will not go above 5 or 6 dollars and never again reach the double digits that today’s residential prices are charged at.

Albertans have every right to expect a 50% reduction in their home and business heating bills!
If the reduction is not forthcoming, it is time to replace your elected officials both provincial and municipal!
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