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Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta. It also consists of two operating oil sands steam assisted gravity drainage projects and a resource base of exploration areas in the Athabasca region of northeastern Alberta. The Light Oil segment includes its assets, liabilities and operating results for the exploration, development and production of light crude oil and medium crude oil, tight oil and conventional natural gas. Its Light Oil segment consists exclusively of the Duvernay in the Greater Kaybob area with about 155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks.


TSX:ATH - Post by User

Comment by newtonboyon Mar 24, 2024 4:03pm
232 Views
Post# 35949734

RE:What is the carbon tax costing Canadians?

RE:What is the carbon tax costing Canadians?

Upon receiving my last Natural Gas bill from my Alberta based supplier I didn't fully understand the amount of the Fed Carbon Tax imposed seeing that it was actually greater than the charges for the gas itself. I contacted the supplier who supplied the dollar figure per GJ which the Feds have mandated. I used 11.23 GJ of NG which came to 21.85 ( this is spot pricing which varies with the price of NG, does not include a daily service charge or any of the other various add ons). Carbon Tax amounted to $37.37 (see below). I had no idea that a tax on a commodity could actually be greater than the commodity itself.  On April 1 it only gets greater. 
Only in Canada you say...it's a blooming pity...

 

"Federal Carbon tax Per GJ is $3.327 from April 1, 2023 to March 31, 2024. So for your use 11.23 GJ costs you 11.23GJ  multiplied by $3.327 = $37.37."




 

 



 


 



 

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