Quote:
Originally Posted by Rerun
You are assuming that the price of oil and natural gas, which is the primary resource revenue in Alberta, is going to drop significantly. Highly unlikely.
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I will admit that it is highly unlikely that natural gas will drop in the near future, but I thought the same when it was sitting at $3 and again at $4. If I keep on this path then I will be right eventually.
As for the future prices, if you know that oil revenues will stay the same or increase for the next 10 years than I think you are dreaming. It may happen but it can't be known and no government should base their budget assumption on predicting the future.