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Originally Posted by Fozzie_DeBear
Oilsands revenue is actually fairly modest...for now...when the royalties change it will be another story (the royalties were lower until the epic capital costs incurred by industry are recovered...then they rise dramatically)
Alberta has boomed due to conventional natural gas recently...but that is slowing down...hopefully unconventional natural gas technology will help.
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I don't see how that will help. The fact that unconventional technology has allowed the discovery of other sources of natural gas has only added to the already huge glut of natural gas that exists.
Companies such as Encana, who are heavily invested in natural gas, will have to adjust in a big way if natural gas prices do not recover.