Quote:
Originally Posted by GGG
The quotes from the article show a huge misunderstanding on how royalties work. They have to be volatile. When you have a volatile source of income you save prudently to balance the peaks and valleys.
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Smoke and mirrors show.... we'll end up making it stable by asking for a flat payment which will be paid no matter the price of oil, but the companies will burden the volatility. What the conservatives won't tell you is the new payment will be lower than the average, so the companies will just pocket the rewards during high oil prices.
I know, unlikely, but man nothing surprises me anymore with this government.