Quote:
Originally Posted by transplant99
Look at the numbers man...Alberta was way way way more affected in those 5 years than anywhere else in the world really, and the only mitigating factor different than all these other places was indeed...the NEP. So to answer your question....sole reason things went South? No. Sole reason things went South to the degree it did? Absolutely.
|
Alberta was hit hard, but that doesn't mean it was due to the NEP, its correlation, not causation. I'm not getting into the whole issue of the royalty regime change in Alberta, but that didn't cause the drop from $147/bbl oil to $33/bbl either.
Did the NEP/royalty change help the issue? No. To say that they were the cause of the pain and suffering entirely though is completely false.
I also think that after 30 years you have to get past these things. A lot of the people who are voting today couldn't even tell you what the NEP was and why it was bad....its fear-mongering at its best!