After a bombshell report was released yesterday claiming that the Alberta government NEEDS TO INCREASE ROYALTIES IMMEDIATELY, tension has never been higher between the Oil & Gas Producers and the Government.
After a day of grumblings and threats by the Oil & Gas Producers, the Premier has publicly stated today that he will not be intimidated and will do the right thing in the face of pressure from the private sector.
It is yet to be announced what the Government plans to do with these royalty recommendations and what the eventual effects might be on the current Alberta Boom.
Thursday, September 20, 2007
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