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Old 01-23-2015, 11:35 AM   #298
CliffFletcher
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Join Date: May 2006
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I think a PST is only politically viable (and maybe not even then) if it's instituted in conjunction with both spending cuts and a binding commitment to put much more of energy royalties - at least half - into the Heritage fund. Though you'd probably want a sliding scale. So at $40 a barrel zero goes into the Heritage fund, at $50 a barrel 10 per cent of royalties, etc. etc. to 60 per cent of royalties at $100 a barrel.
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