Thursday, August 22, 2013

U of A getting special team of Government Auditors to ID cuts


The  Savaging of Alberta's Universities is an easy choice for the Conservatives.  Some campaign basics to explain how we got here.

1. When campaigning don't waste your time in walk up apartments; statistically those people don't vote!

2. When it's time to cut and slash start with the Universities as the people who attend for whatever reasons, statistically do not vote!

A little work by political parties may be able to turn these gold mines of missing votes around but, not soon enough to help now.
--
Alberta Conservatives took advice that they could not "grow big industry" because we were not graduating enough degrees.  The knee jerk reaction was to  freeze funding at Universities at 1986 levels and advertise around the world for degrees to work in Alberta. 

This came with promises of high paying jobs in a safe environment and a certain guarantee of citizenship and housing supports.

It was far cheaper to hire outside the country  than it was to graduate Alberta kids!

The idea caught on fast as did the success of the program.  With this combination of things the Conservatives see no problems in slashing universities to the bone; slashing to the point it ruins the university turning back in 1 year what has taken 100 years to grow.

After the Conservatives get finished with their micro management the U of A will be an "Also mentioned" university of no stature at all.  Gone are the days when a chemistry degree from the U of A is worth its weight in gold!   All thanks to Conservative ideology not a shortage in cash in the province.

The Wild Rose party is totally aligned with this thinking being the spawn of US Republicans.  To Sherman's credit while the Liberals job was to break up the left wing vote (not win any thing) he did suggest help post secondary students but under the logistical make up I don't see how that would be possible with the teaching staff decimated by private audits.

Our grade schools and Hi Schools will follow as they are forced into prioritization.  That will be sold as an act of necessity where in fact it is the cumulative of a long term plan!


Tuesday, August 06, 2013

The Eastern Pipeline Yes? Probably Not!

Consider first the Conservative Majority across Canada that see problems in getting elected again! Now, onto the phantom eastern pipeline and the hoopla surrounding it.  The last time they were in so much trouble they promised a royalty overhaul giving Albertans big profits.  It was a pie in the sky document on the eve of the election that was on analysis; impossible.  Royalty dropped from 16% to 6% and the funds were changed from USD to Can$ a to taxpayers of 18% at that time.

This brings me to the dog and pony show they are now pushing with hopes of winning another election. At Election time they will run out their fear and anxiety card; vote for us or loose a major pipeline.  If you do put them back in; it's my bet and, I'm seldom wrong; there will be no pipeline.  The excuse given; Quebec hold out killed possibilities.

India was obliged by the US to shut down a major Nuclear Generation facility because it could produce Weapons Grade Plutonium. This left India massively short on electrical power. India with lots of cash on hand, directed its Energy Department to scour the world for secure oil supplies to make up this shortfall.

One of the items India settled on was the Alberta Tar Sands and purchased a gigantic lease on which to build a new plant. Conditional; there is a pipeline to tide water to export the product to India. Hence the fumbled mismanaged northern pipeline fiasco that could have been done by now.  Since the original opportunity presented itself, much has changed.   In addition Australia, close to India has discovered huge deposits of shale oil.  One draw back for them Water to flood.

Trans-Canada's  gas exports to Eastern Canada have fallen drastically as has the natural gas reserves in Alberta for which we have received nothing for the provincial coffer. They (Trans-Alta) have been trying for more than 3 years to interest industry  into utilizing that line to ship East and for that same time it has been refused because there is no profit in doing so.

Now, in the latest oil theater a Conservative pipeline agreement has been released and construction of the Eastern pipeline is being seriously considered. It is not a done deal; only news speculation at this point.  It's time line takes it past the next election is the key point and I say again; a toss up as to whether it is done or not.

Alberta collects nothing for oil royalty so that is 30% of taxpayer revenue in the pot to help pay for everything. But; that has been the case for years so, where is the new money coming from?  

We are dealing with a Conservative Government and as Ed Stelmach said; "We are Conservatives; not like those other guys". 

Dig deep folks; you are going to pay for an eastern pipeline out of your household budget one way or another!

Monday, July 15, 2013

Edmonton Journal and parent Post Media Supporting Conservatives!

Hi John,

For the e-paper(replica of the print and you would receive email alerts) the subscription prices are as follows:

For each paper: $9.99/month or $99.90 annually
For Postmedia Library (All Postmedia papers): $24.99/month or $249.90 annually

For access to the website, which is where you can only access 10 free articles a month, the prices are as follows:

For each paper: $.99 for your first month then $9.95/month after that or $99.50 annually

Thank-you


http://www.journalexpress.com/signature/lines.gif
Donna M. Williams
Service Administration Clerk
Reader Sales and Service
P: (780) 498-5755
F: (780) 498-5718
E: DMWilliams@edmontonjournal.com
Edmonton Journal
10006-101 Street Edmonton, AB, Canada T5J 0S1


I can't afford the price needed to continue the wholesale fight for Canada.  Perhaps you would care to donate to the costs?


Wednesday, July 03, 2013

Alberta Heritage and Savings fund: GONE!

The Alberta Heritage and Savings Trust fund is done away with! .   The plan worth  20 billion  in 2006 which was the  remaining is a hold out out of  260 billion dollars not taken to lower corporate (oil taxes).
Now, to do away with public criticism they have renamed it the "Sustainability Account"; a free for all account to buy themselves the next election!   AIMCo are saying it has now dropped to 3.3 billion.  Hardly enough to buy them the next election!

Quote Aimco
Despite the double-digit gains for 2012, AIMCo’s total assets under management declined slightly to $68.6 billion, as the province continued to draw down the balance of its Sustainability Fund. The so-called rainy day fund, which reached a peak of some $17 billion in 2008, held just $3.3 billion of remaining assets at the end of March.
This is your schools, hospitals, health care and so on that there isn't enough money for!
They are picking your pockets clean as they clear the door going out!
History repeats itself.  The Alberta Conservatives put up a make work program for the oil industry that they say cost the "Alberta Taxpayer' 6 billion dollars. They figured this was needed as a large portion of the oil patch crew were illegal aliens and could not collect EI. 
At this same time, AIMCO who handle the municipal pensions, declared a 7 billion dollar loss (10% of their portfolio).  During this same period, others in the same industry declared a 3% gain!
Yesterday Redford tells the world she is going to put more than a billion dollars into flood relief. Now, a day later AIMCo are setting the world up for another loss.
Hardly an arm's length operation!

Saturday, June 22, 2013

Alberta Southern Floods 2013



    Wild Rose country under water and the Conservatives to the rescue! This has to be Daniels Smiths worse nightmare and the taxpayers will be killed as the two parties bid for the country hearts.
    Considering the province has no money it is the royal opportunity for P3 to dig in hard and fast!
    Naomi Klein's book of warning is about to play-out in Alberta, where The Fascists and Tory Insiders are already licking their chops waiting for open invoices from their friends in power.
    New Arena - check
    New Campgrounds - check
    New Roads & Bridges - check
    New Civic Centres - check
    New Recreation Centres - check
    The list is endless. PRICELESS

    Thursday, June 20, 2013

    Redford's Expensive Gambit.

    Across the media you are reading about how very busy the Conservatives are.  The latest is funding a major meeting in New York costing Albertans millions.  All this in the thrust of oil principals telling of a Glut an oil in Alberta that doesn't exist anywhere else on the planet.

    Our production is down 300,000 bbls per day right now because of a coker schedualed maintence at Syncrude!

    The overall thrust: We are going to hell in a basket and the Conservatives are busy saving us!
    It just ain't so Elmer!

    Schools are being closed.  The reason given is no funding.  The truth is they are setting you up for private schools as they short you on public facility.  Exactly the same thing is happening in the facilities in place to care for the elderly!  Its all about following the Conservative agenda.

    Mismanagement if not outright thievery  has cost Alberta billions and their stuck in the mud view of the market in general. 

    They are trying to bury you in BS; have you forget they have cost each household hundreds of thousands of dollars in their chicainary!

    The Conservatives are using this BS tail of hardship so they do not have to change the discount (Brent pricing) on our oil, conventional and tar sands.

    Alberta has sufficient pipeline to move all the oil we can produce for the next ten years!  The panic is India will not put cash into a new development unless there is a west coast pipeline in place!

    Consider for a moment; this same BS has been going on for months now and absolutly nothing, nothing at all  has come of it!   All the players in their games are Conservative Governments from other  provinces!

    The basis for their action lay in the Conservative/Republican private club and the plans they have made that are being dismantled.  This association embraces the whole Conservative Party, not just the western premiers.

    Lastly, this same group of Conservatives, now entrenched in provincial Governments in Canada can demand the Fed (regarless of party in power) to open the Charter of Rights and Freedoms and change anything they want to in that precious document!  As it stands right now; no one can stop them.

    They are, simply put, dismantling Canada!





    Monday, May 20, 2013

    Conservatives Newest Game in the Media.

    The term "Bitumen Bubble" was put in place by Redford to keep our minds off the fact that all our resources; natural gas, Conventional Oil, Pentane, were all sold at deep discounts.  Alberta took no royalty on Pentane at all, stripping it from the producers and passing it on at an extremely low cost.

    Over the past few weeks you have probably read articles saying the Brent oil is on its way up while a few articles are saying there would be an advantage if Alberta quit discounting its oil.  Couple this with the fact that our Conventional oil according to CAPP is past Peak.  It is expected to produce half of what it is today at the end of another 5 years.

    They have given your resource away and there is nothing in the bank to show for it. 

    So, keep the public thinking Bitumen; don't mention Conventional oil.

    This brings us to the Bakken oil formation; shale strata.  This is not conventional oil!  Yet, it is talked of as if it is by saying "Oil production is  up etc"

    This is done to keep you eye off the ball; the conventional oil is tapped out.

    Lastly but not least important is the oil discounts (Brent prices) which are an invention of the Alberta Conservatives and the oil parents nothing to do with market pressure.  These discounts were in place when oil was at its peak and the US could not get enough of it!

    Watch what you read on energy in Alberta.  Most of it is Conservative snow jobs.


    Edmonton's new Arena-30 million bucks out of municipalities!

    The CRB is made up of communities surrounding Edmonton.  A regional board to sound ideas and make joint plans.   Each community as I understand it has one vote except for Edmonton which has a number of votes how many exactly I don't know.

    The remainder 24 communities not wanting to face this as an election issue have come up with a proposal to back the idea of these same communities contributing to the Edmonton Arena.

    What are we going to be on hooks for?
    Mandel says they are short 30 million dollars to make the deal.  Each of these communities are going to be on hooks for 1.25 million dollars if this is the case!

    Newer figures out are talking making up the 25 million dollar shortage (coincidentally there are 25 members in total to this organization) Which means each of these communities is going to be on hooks for 1 million dollars.   Paid over 3 years isn't that bad says Mayor Fisher.  Actually it is 416,000 dollars per year I personally would like to see go to other, local projects.


    Capital Region Board arena vote prompts council debate

    The effects of the vote, in which Capital Region Board (CRB) members were asked to approve, in principle, an application for $25 million over three years in Regional Collaboration Grant funding for the City of Edmonton, which would be used towards the arena project, have proved controversial.

    In a close and disputed vote at the CRB’s Thursday, May 9 meeting, the body seemed to approve the motion, which had been added to the agenda less than 24 hours before the meeting. Normally, such motions require seven days notice.

    Devon Mayor Anita Fisher was among those voting to approve, though earlier in the same meeting she had also voted to defer the motion to the CRB’s June meeting in order to first consult Devon town council members.

    The motion to defer was defeated, and the motion to the agreement in principle was then debated and passed.

    Fisher’s vote did not commit any resources or funds from Devon for the potential funding, and no formal application for the funding is yet being made, but coun. Sheila Aitken protested Fisher’s vote at the Monday, May 13 Devon council meeting, asking why she would vote to approve the motion without first consulting council.

    “A yes vote, when you don’t have enough information, and this council had no opportunity for input… The mayor is speaking on behalf of this council. You should have voted ‘no’, until you could have discussed it with this council.”

    Fisher replied to Aitken, saying that the vote did not commit the town to any action or monetary obligation.

    “(The vote) was in principle, and with the assurance that the Regional Collaboration Grant application requires an endorsement of council,” Fisher said. “I knew that there was no commitment that would be required from this municipality.”

    Fisher also said that she believed that a new downtown Edmonton arena would be an economic driver for the region that would benefit the Town of Devon.
    “I believe the saying is, ‘economic development floats all boats’. So I have mixed feelings with regards to this. I believe that we need to collaborate more effectively in regards to economic development in our sub-region as well as our entire region. I think the arena is an economic driver.”

    Additional provincial funding under the Regional Collaboration program is expected to be announced later this month, which Edmonton would likely then apply for. Fisher said that would depend on a second vote at the next CRB meeting, booked for June 13. Though Edmonton mayor Stephen Mandel has already said that he would be using the previous vote, which had support from 16 CRB members representing 95 per cent of the population in the region, for the application, the application would also require letters endorsed by the councils voting in support.

    Council debated whether to require a council vote before any future CRB vote that does commit any kind of resources from the town.

    That motion was not put on the floor, though council did vote to send a letter to the CRB expressing its displeasure with how the vote was handled.

    “They clearly circumvented their policy by allowing a motion to be put on the floor and put a collective group of municipalities in a position of having to vote yes or no. I’m absolutely stunned that the board would even accept the motion,” Aitken said.

    Some other councillors, including coun. Ray Ralph, agreed that the CRB should not have accepted the motion, but were not opposed to the motion per se, and cautioned council against tying the hands of its CRB delegate.

    “The CRB’s been around for several years now and this is the first time something like this has come up, and unfortunately it came from the city of Edmonton, and the way it was brought forward was not the appropriate way to be brought forward in the first place, which did put a lot of mayors in a bad situation,” Ralph said.

    “But I don’t want to tie our mayor’s hands at the table for doing regular duties that she’s been doing for the last five years. That wouldn’t make sense either.”
    Council will be revisiting the matter, including whether to support the motion and whether to require council approval for certain future CRB votes, at its next meeting on Monday, May 27. That meeting will occur before the next CRB meeting.

    On Wednesday, May 15 Edmonton city council finally reached a deal with the Oilers over funding for the arena. The team is to pay $161.5 million, while the city is kicking in $279 million, assuming the city is successful in the grant application.

    Edmonton is also planning on applying for another $14 million in other grants, and a further $125 million is to come from a ticket tax.

    Mandel expressed relief after the meeting as the fate of the arena, which has been in question for several years, was seemingly decided.
    He said that he is expecting that ground will be broken early next year
    The above article is out of the Devon Dispatch which also ran a story about the Town of Devon about to review the long term lease of the Devon Lions Club on the now famous Devon Lions Park!
    The Devon Lions through volunteer efforts has built the park into  a Famous stop for visitors and is producing a decent  profit to sustain itself.  This is a non profit organization.
    It seems rather obvious Mayor Fisher is about to do an end run on the park; take it over; increase fees; charge citizens for access to the park and so on.   All this to turn up coin to put into an Arena in Edmonton which serves the real purpose of stroking Mandel's ego
    Town of Devon should really examine why they voted Fisher into this office; this is certainly not looking after the town of Devon.
    People should contact their own councils and find out how this rip off is going to be paid.  Probably, on  your tax bill.

    Sunday, April 14, 2013

    Alberta's political Landscape - Surprises!

    Since this post was put up, Redford made a major speech deploring the NDP and The Wild Rose Party (same breath) while exonerating the Alberta Liberals.

    After the Liberals were busted as being election spoilers; their sole purpose being to split the votes to the left of the Conservatives.  (Which is the rest of the world!) the information started flowing into me about preferences and there, is the surprise.

    The Wild Rose Party to this point has seen its fortunes blossom.  People who have come to realize how badly they have been screwed over by the Conservatives but still deathly afraid of the Wild Rose Party and their haywire or non existent policies seem to see a light at the end of the tunnel in the Alberta Liberal Party.

    They seem to reason if the Liberals are  bought and paid for by the Petroleum industry they are just what is needed in place of the Wild Rose.

    Myself?  I think if the Conservatives, the Wild Rose Party or the Alberta Party are voted into office there will be no changes for Alberta's situation at all!

    Health Care will be entirely privatized and out of reach for the majority of Albertans.  We are almost there now.  Our public schools will become the secondary school system and private schools will receive a disportionate portion of the school funding; as they are now.

    Water allotments are all taken up in Alberta.  Surplus water and allotments are held by the oil industry who are poised to sell it back to cities and towns as they require it.  This has happened once in central Alberta and it will happen on a regular basis if you vote these clowns back in again!

    The legislation enacted in the past 8 years all carry the caveat that the Alberta Government and/or the petroleum industry cannot be held responsible for mishaps.

    The NDP, now mature having pushed way their controversial positions is the only party in Alberta that is not bought and paid for by the petroleum industry!  By default it is the only party that can produce the kinds of changes Alberta needs and hungers for.

    Saturday, March 09, 2013

    In defense of Crude derived from Bitumen.


    The bitumen bubble is a term invented by the Conservatives in an attempt to cover the fact all their Conventional oil production is also discounted at the same rate!  Alberta producers robbed of billions.
    Crude oil derived from Bitumen is allowed to keep its "dirty" reputation as it serves to justify the huge unnecessary discounts on the product.

    Cheap oil? Yes! The Conservatives have been discounting oil by 30% for more than 15 years. Hundreds of Billions lost to Alberta!

    To make crude from Bitumen they must first know what the end product must look like. Once established they can make the crude. The crude oil from the tar sands is darker in color (carbon).

    It is fortified (thinned)  with Natural Gas from the High Level region. You may recall the Government shutting that regions oil in 5 years ago? No one knows how much compensation was paid to the producers (taxpayer pays).

    The API or pouring temperate of oil sets it's mark Standard crude has an API of about 19 degrees. Crude made from the Tar Sands has an API of no less than 9 degrees, probably much more.  It travels in the same pipelines as the Conventional crude.

    If the customers in the US wanted an API 19 degree oil; they simply ask for it and more gas will go into the mix.  That would mean they would have too much HVB and LVB  (Naptha) and probably have to store it.

    The Tar Sands crude oil is clean! It is environmentally safe! It has the sulphur and metals removed from it which, you cannot say about conventional oil! This crude floats on water! The only way it will kill fish is if some brainiac uses solvents and chemicals to disperse an oil spill that is harmless but unsightly!

    Yes it takes heat and energy to do this but with the price of gas at 3.00 and expected to drop from there; its a sweet deal.

    What is wrong is the Conservative Government following Republican policies. And, the Wild Rose in waiting; conceived and born of the LDS church in southern Alberta totally indoctrinated into the US Republican way.

    The carbon footprint of the operation is 1/10,000 th or less of China's and somewhere in that region for the US! I can live with it.

    Doing hatchet jobs on the industry to wave some populace environmental flag serves no one.

    Monday, February 25, 2013

    Bubble Warnings Ignored!!!

    The term "Bitumen Bubble" is the Conservative attempt to hide the fact that all the oil leaving this province is discounted, not just the crude from the tar sands!

    The Conservative Government has betrayed the people of this province time and again.  Now its to the forefront.  As outlined in the article they have known for years what was coming and did nothing to mitigate the circumstance!

    The picture is even more bleak than the Journal article indicates, the Journal is being very kind to the Government!

    The royalty regime pays us nothing until the price of oil hits impossible highs.  It is designed so there will never be a royalty collected!

    The Conservatives have elected to discount our oil, not just the tar sands but all oil that goes down the pipelines by 30%.  This is an elected position; not one they were forced into!

    CAPP tells us that conventional oil has passed peak its on its way down now output expected to be 50% what it is now within 5 years.

    The only way they can get more is through this so called CCS program!  By flushing the strata with a mixture of water and carbon dioxide much more oil can be taken out; huge amounts. Carbon Dioxide goes down one hole and up the next.

    This is 40 year old technology used extensively in the US!  Why then, are taxpayers burdened with billion plus for experimental proving of the technology?  This is still another betrayal of the people by this Government!

    The point is; your resource is gone and you have not received one cent for it since Lougheed left!

    When Klein took office royalty was at 30% when he left office it was a 16% and has been in free fall since then with Ron Liepert telling us the royalty was dropped to 6% and would stay there until it went to zero; predicted in 5 years.

    The Revenue this Government talks about is the taxes paid by the oil industry and spin offs in general.  

    In the platform of the Conservatives and the Wild Rose Party the oil resource companies own the resource!  Alberta is entitled to taxes and land sales; no more!

    Her speech (not covered here) she tells us she will put emphasis on new business other than oil.

    The Alberta Advantage was our electricity!  When it was privatized and put on a market basis the prices jumped forcing all the "other than" business from this province.  

    Sunland Biscuits (Yellowhead Trail) was shipping 15 trailer loads of cookies to Bramalea every day.  With the electric price they closed their doors and moved to Bramalea.  Soon we had oil or nothing and the fringe business struggled in a province which has an output of oil second only to Saudi Arabia! (As told us by this same Government on several occasions).

    Now they are telling us new power lines are going to increase out utility bills by 20 to 40 dollars per month (times 1.5 million homes) and business rates will go up several hundreds.  

    This will effectively wipe out the remaining non oil industry!  

    Redford would not have gone to the US unless she knew first hand and definitely the Keystone was a Go!  She is now waiting to take the bows when the deal is inked.

    If your business is doing "OK" how much better would it have been had you been playing with a full deck?   Lost your home? Same deal.  Over 40 billion dollars a year of Alberta revenue is shipped down those pipelines faster than bank transfers! 

    To make it much worse the petroleum industry is meddling in our politics as if we were a banana republic!


    Here is a list of links which details much of the above.

    Points out years of advance notice which this government did nothing to mitigate.






    Rem Journal Article on Oregon Health:

    Alberta Parks sold:

    Rem Total Summary of PNWER

    and:
    Rem: Bubble Graphics.

    I'll finish of by saying I am very disappointed in the Alberta Liberal Party who are sitting on their hands on this with Mr. Taft's policies firmly in place.  Somehow; we will come up the center doing nothing.  I can assure them if they continue this course I will be all over them like ugly on a dog!

    Sunday, February 03, 2013

    Bitumen vis Crude Oil:- The Difference?

    Any and all reference to Bitumen has been described as a tar like substance mixed with sand  because of its thickness and Oder  This is true world wide including Australia, Valenzuela and until Redford's Fireside debacle referred to the "Bitumen Bubble" still another bit of unreality in their cadence of lies over the past 20 years.  This doesn't stop the Conservatives from releasing news stories calling our crude oil Bitumen the sole purpose of which is to convince the general public it is Heavy Oil which, it is not!

    Our oil sands crude oil, derived from the Bitumen was always referred to as "Crude Oil from McMurray" or more recently "The Oil Sands" but for 25 years known as "The Tar Sands" It has never, ever been referred to as either Heavy Oil or Bitumen.!

    Drawing on literature from Valenzuela they explain a decision must be made before extracting the oil from the  Bitumen as to what the final desired viscosity is required for a crude oil!

    At the mines, bitumen is handled not in pipelines and tank cars!  It is handled on conveyor belts and mining cars, some of the latest technology.

    Alberta shut in the sweet natural gas north of High Level for use in the processes in the Tar Sands.  There has never been any figure put out about how much this cost the taxpayers but gas companies ere compensated and the oil companies didn't barter prices.

    The Conservatives and the US oil companies are stringing a long list of press releases about "Bitumen" being shipped in tank cars and pipelines.  Beyond being impossible it is an outright lie and misdirection only for the purpose of leaving the prices rock bottom on the product we are shipping south in pipelines.

    It is a win win thing for the US parent companies!  They get the best light crude in the world blessed as a heavy crude by a country they pretty much run.  Alberta uses its water for the production of this light crude oil  while the US is suffering water shortages.  The US gets the benefit of a lower carbon footprint while Alberta solicits the beating being taken on dirty oil.

    We so very much need a Government in place that is not Conservative!  The futures of your kids have gone; as have the glory days. YOU elected to give it away by mindless support of the Conservatives in a vain hope someone, somewhere, will throw you a crumb.

    Here is a link to industries view on the Natural gas Prices.






    Wednesday, January 30, 2013

    Alberta to the point of no future at all!!

    Thank you Conservatives!  Nothing in the Bank; profits all given away down the pipeline and the future looks  bleaker than the depression!

    You may be aware that Australia's traditionally frequented trading partners are China and India both showing   a great interest in starting up plants in Alberta.   They want a pipeline to the west coast before they move on it.

    The Conservatives have been stalling for years pending a way to get already overtaxes Albertans to pay for the pipelines and infrastructure.   Kinder Morgan offered to expand their pipelines to the West Coast to handle an additional 700 million barrels per day but, upped the prices knowing Alberta would not commit to a different pipeline.

    As if crude oil price discounts weren’t bad enough, word is that Australia’s Linc Energy may have found a huge shale oil deposit in the country’s central region.

    While Linc Energy’s chief executive Peter Bond tried to temper the buzz the discovery created, the deposit may contain 233 billion barrels of shale oil.

    If that number proves to be correct, it would outnumber the 169 billion barrels of oil sands reserves Alberta has and vault Australia past the province in the global petroleum pecking order.

    Australia is one of Canada’s chief competitors in the race to supply liquefied natural gas to Pacific Rim markets. But no one thought the Aussies might also pose a threat to Canada’s plans to sell its bitumen to the likes of China and Japan

     Under this Government there will be no market for Alberta oil.  They are not capable of breaking away from the Conservative policy that says nothing can be done unless taxpayers pay for it; that oil belongs to the oil companies and Alberta is entitled only to income taxes and land sales!

    We need an election right away!
    .








    Sunday, January 27, 2013

    Redford's Fireside (Not!)


    Key points and misconceptions.

    Firstly; Remember Klein on his fireside saying read his lips; they are not going to privatize health care!  Some things never change. 

    In excess of 70 Billions of dollars have been sucked from the Heritage Trust Fund!

    She said they would start adding money to the Heritage Trust fund which hasn't been added to in 25 years.
     Truth is:  For 25 years this Government has frozen the investment profits of the Heritage Savings and Trust fund at  5%.  Everything above was pulled out and sent to General Revenues where it was used to reduce taxes for the Oil Concerns chiefly and small business, just a bit.  Individuals got next to nothing.  In this period of time there was a long inflation stretch where profits should have been in the 25% range..

    This makes Albertans the highest taxed state in North America if not the world!

    For all intents and purpose the Heritage Trust was robbed and the money sent down pipelines to the US parent companies. It  wouldn't have been any faster as a bank transfer!

    This is another gross misconception; as close to a blatant, outright lie as one is going to get.  It is a far greater transgression than a spin doctor campaign.

    The oil is extracted from the Bitumen along with High and Low vapor bases used in blending gasoline's and diesel fuels.   The resulting mix is a low volatile oil; cleaner than anything you will pull from the ground by conventional means.

    The WTI; The Brent; The West Texas Crude are designations in markets that indicate impurities, not API or the Weight of the mix  Sulphur  is the key indexer.   Tar Sands crude is Sulphur  free!  It should be priced with the highest  priced market out there! 

    In order  to get enough vapor base into the Tar Sands Crude, pristine sulphur free natural gas is added to the mix to bring it to the proper market desired vapor pressure to blend diesels and various gasoline.

    Not only is it oil, but it is oil that has been tailored to the refineries it is going to!

    You may recall a couple years  ago Natural Gas wells North of High Level were shut in by the Government .  This gas was needed for the blend.  There was never any news of the compensation given to the oil companies who owned the wells.  You can however bet it was the taxpayers who paid the price for it.

    In addition, the refineries in the US only have to heat the oil a bit to get their blends.  This gives the US a low carbon foot print and Alberta wears the roses for the dirty part of the equation.

    She has said we are loosing 6 billion dollars short this year in oil revenues.   Lets be more specific  here.  This is not  royalty; they are zilch.  It is the taxes off the various plants and shipping facilities.  And, according to the Conservatives (It doesn't  matter who is the leader) taxes is all we are entitled to as Albert ans.

    She alluded to getting more for the oil at some nebulous time in the future.  It is time to speak of patterns here.  Stelmach popped out  PDF showing impossible royalty rates going into the future.  This was on the Eve of an election and no time to debate it.   At the bottom of the page was 6 pt print saying all revenues are taken in Canadian dollars.  That one line meant that we took an 18% cut in royalty at that point in time!

    http://albertathedetails.blogspot.ca/2012/12/conservatives-playing-same-old-game.html

    I can hardly wait for the lies that will come out  the next election.

    It is very worthwhile to note that the Wild Rose Party has criticized Redford saying there is no reason to change our take on Royalty or change the markets on oil.

    Three links that remain very important!





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