GREY:CLLZF - Post by User
Post by
watch4iton Oct 24, 2007 1:55pm
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Post# 13680845
Stelmach DOESNT bow to big oil $Ups rates
Stelmach DOESNT bow to big oil $Ups ratesBig Oil are not votes. Stelmach needs to show he is a strong leader. Peter Lougheed raised royalty rates significantly and so will Stelmach.
Just to get Albertan's to vote for him. More money in oil revenues means bigger purse to buy votes with. Heck only in Alberta can a Government hand out rebate cheques during an election or settle a Nurses strike by settling in the middle of an election with the highest wage rates for nurses in Canada.
Yes, raising royalties is just what is going to happen. Big oil will be investing and jobs might be lost. but money buys votes in Alberta. That is why the Convervative government has been in Power for 30+ years.
CLl prices will be dropping due to heavy royalty increases