Quote:
Originally Posted by zamler
The way Norway handles their oil production and revenue is exactly what we should be doing.
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True, we should:
- Build a refinery in AB and ensure the government has an equity stake, stop/limit imports of foreign oil and rely primarily on our own refined oil
- Have the AB government-run an O&G company and allocate a majority of the licenses to them
- Carefully conserve and manage the resource by limiting production
- Re-invigorate the Heritage Fund
- Implement a carbon tax
- Raise royalties
The "way Norway handles it" is ideal. That said, I think many elements of that are unpalatable to Albertans.