Friday, August 22, 2008
Tuesday, August 12, 2008
Tar Sands oil being sold at fire sale prices
Oil price 114.00 per bbl US$
Under the original scheme Alberta would receive 25% or $28.50 per barrel of oil US or $30.94 per barrel Canadian at today’s rates..
Under the new rates they snuck in through the back door Alberta will receive 19% or 21.66 Canadian dollars a loss to Albertans of 9.28 per barrel of oil. This loss will continue to increase as the Canadian dollar settles back into 85 cents.
The conservatives have waved around a paper “new energy royalty” to take effect soon. But, they have made no indication this would be put into effect. It is just paper. Further the Minister has said as has Stelmach there will be adjustments to that paper to keep everybody happy.
Unfortunately the people of Alberta are not in the “everybody” category!
It is their intention to further reduce royalties as new production comes on board in Alberta.
9.28 per barrel loss at 2.5 million barrels per day production
The Conservatives have given away 232 million dollars a day or 8.46 billion dollars a year of resource money that rightfully belongs in the Alberta coffers!
The next time they tell you they don’t have the money, tell them where to get it.
John Clark.
Under the original scheme Alberta would receive 25% or $28.50 per barrel of oil US or $30.94 per barrel Canadian at today’s rates..
Under the new rates they snuck in through the back door Alberta will receive 19% or 21.66 Canadian dollars a loss to Albertans of 9.28 per barrel of oil. This loss will continue to increase as the Canadian dollar settles back into 85 cents.
The conservatives have waved around a paper “new energy royalty” to take effect soon. But, they have made no indication this would be put into effect. It is just paper. Further the Minister has said as has Stelmach there will be adjustments to that paper to keep everybody happy.
Unfortunately the people of Alberta are not in the “everybody” category!
It is their intention to further reduce royalties as new production comes on board in Alberta.
9.28 per barrel loss at 2.5 million barrels per day production
The Conservatives have given away 232 million dollars a day or 8.46 billion dollars a year of resource money that rightfully belongs in the Alberta coffers!
The next time they tell you they don’t have the money, tell them where to get it.
John Clark.
Tuesday, August 05, 2008
Devon Alberta Vandals
The vandals who kicked in the windsheild and marked up the hoods and sides of vehnicles on a rampage in Devon this past weekend caused 30,000.00 in damages to vehicles.
These 17 year olds will appear in court in Leduc on September 13. Names can be taken at that point.
Any one interested in joining a civil suit against the parents of these kids to recover damages please contact john.cyberish@gmail.com
These 17 year olds will appear in court in Leduc on September 13. Names can be taken at that point.
Any one interested in joining a civil suit against the parents of these kids to recover damages please contact john.cyberish@gmail.com
Alberta privatizes water in the south of Alberta
Conservatives thrust to privatize water in the south has worked to extreme. Now they are looking at how to privatize the north. We are now entering a new realm of water barrons and the water wars of the old US west.
Dig in folks, don't give up your guns! Your life just got a whole hellova lot worse!
John Clark
Dig in folks, don't give up your guns! Your life just got a whole hellova lot worse!
John Clark
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