Quote:
Originally Posted by TurnedTheCorner
Oil under $60 means an Alberta recession in 6-9 months? Not likely. There's such a thing as stable, normal growth - that's what we'd be returning to, not a recession or severe threat to the Alberta economy. Sheesh.
And worsening the royalty regime will avoid this?  |
No... but putting money from royalties into social programs for people who will be ****ed if this happens could alleviate some impacts.
Quote:
Originally Posted by Flames in 07
Royalties are 1% before payout ... RMS, what else would you propose?
|
I don't know... Starting a North American/North Atlantic Economic Council or something to compete with OPEC, as to not let them determine the oil economy.
Ah crap, I'm giving ideas to the enemy.
I'm going to smoke a joint and when I think of something else, I'll let you know.