High royalties or not, it'll be lousy commodity pricing that kills production activity in these pricey plays with a vengeance.
Alberta needs a reminder every once in a while that our oil and gas won't last forever. Sure would be nice if we had more of a Heritage Fund for the day when it's all not viable to produce here. There will continue to be higher quality plays with better economics in places other than widely explored Alberta. We'd better get used to it.
Last edited by I-Hate-Hulse; 11-23-2008 at 09:16 AM.
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