RE: Government seizes resourcesyou're kidding right ? alberta oil tax rate only around 40%. Texas 65%.
They are talking about evening up with other producing areas.
Not that I agree, just info.
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Are you kidding? Do you have any idea what the difference is in recovering oil in Texas and Saudi Arabia etc. compared to oilsands. You people should really try educating yourself it might save or make you money one day!
In response to a previous post as well, I am an Alberta and perhaps it "belongs" to us lol. Well unfortunately there are laws in regards to developing resources, I would venture to guess neither you or I have enough expertise or capital to recover these resources. Are you a Liberal or NDP? Sounds like it to me and we really don't need that type of government in Alberta.