01-29-2016, 01:19 PM
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#1101
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Powerplay Quarterback
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Quote:
Originally Posted by heep223
Tertzakian probably stopped them from doing anything dumb.
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The guy is brilliant. I love hearing him speak.......and I agree with you 100%. I'm sure if he wasn't on the panel then the outcome would have been much different.
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01-29-2016, 01:25 PM
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#1102
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Franchise Player
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Quote:
Originally Posted by username
The guy is brilliant. I love hearing him speak.......and I agree with you 100%. I'm sure if he wasn't on the panel then the outcome would have been much different.
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Most employed by Arc Resources (stand corrected as Arc Financial) are very knowledgeable and very well respected. I think the panel was well chosen to represent all of Alberta's interests.
Last edited by redforever; 01-29-2016 at 01:41 PM.
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01-29-2016, 01:28 PM
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#1103
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Could Care Less
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Quote:
Originally Posted by redforever
Most employed by Arc Resources are very knowledgeable and very well respected. I think the panel was well chosen to represent all of Alberta's interests.
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Tertzakian is with ARC Financial.
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01-29-2016, 01:29 PM
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#1104
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Franchise Player
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Quote:
Originally Posted by heep223
Tertzakian is with ARC Financial.
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whatever, I know who he is as my sister works ther.
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01-29-2016, 01:29 PM
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#1105
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Franchise Player
Join Date: Sep 2009
Location: Calgary
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I'm looking forward to the return of his articles in the Globe and Mail.
__________________
Pylon on the Edmonton Oilers:
"I am actually more excited for the Oilers game tomorrow than the Flames game. I am praying for multiple jersey tosses. The Oilers are my new favourite team for all the wrong reasons. I hate them so much I love them."
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01-29-2016, 01:48 PM
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#1106
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Scoring Winger
Join Date: Oct 2008
Location: Calgary, AB
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I'm relieved with a little bit of annoyance it wasn't announced much earlier as previously planned. I can live with that since the NDP are not continuing to kick the O & G industry while it is down.
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01-29-2016, 01:53 PM
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#1108
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Franchise Player
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Did she actually say that bit about the big money grab? Was it a Freudian slip or something?
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01-29-2016, 01:57 PM
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#1109
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Franchise Player
Join Date: Sep 2009
Location: Calgary
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Quote:
Originally Posted by peter12
Did she actually say that bit about the big money grab? Was it a Freudian slip or something?
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NDP ideology is hiding right underneath that nice hairdo.
__________________
Pylon on the Edmonton Oilers:
"I am actually more excited for the Oilers game tomorrow than the Flames game. I am praying for multiple jersey tosses. The Oilers are my new favourite team for all the wrong reasons. I hate them so much I love them."
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01-29-2016, 01:59 PM
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#1110
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Franchise Player
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^ I saw it from the twitter that is mentioned below by Bend. I didn't watch her full speech myself.
"It's not a good time to make a big cash grab"
"But it's a good time to make a small cash grab. The "big cash grab" will be later when we redo this review next year."
Quote:
Originally Posted by Bend it like Bourgeois
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01-29-2016, 01:59 PM
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#1111
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Franchise Player
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Seriously, that's a remarkable statement. Obviously right, but does that suggest that there IS a good time to make a big money grab? Yeesh.
__________________
"The great promise of the Internet was that more information would automatically yield better decisions. The great disappointment is that more information actually yields more possibilities to confirm what you already believed anyway." - Brian Eno
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01-29-2016, 02:03 PM
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#1112
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Posted the 6 millionth post!
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If that money grab statement is the worst that comes out of today's announcement, I think we're fine.
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01-29-2016, 02:04 PM
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#1113
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Franchise Player
Join Date: Jul 2005
Location: 555 Saddledome Rise SE
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The framework is already based on rates varying with oil prices. If she thinks rates need to be revisited when prices are high, why didn't they just increase rates for high oil prices right now? I can't believe she is actually stupid enough to plant the seed that more changes could come in the future.
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01-29-2016, 02:11 PM
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#1114
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Franchise Player
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I wonder if that's why this review has been delayed over and over again.
Panel does it's work, says "oh hey, we are already getting our fair share".
NDP rejects it out of hand and says look again.
Panel comes back and say, nope, still getting our fair share.
NDP rejects that too and says we need 8 billion to cover our all our spending.
Panel shrugs and says you do it then.
NDP makes the announcement today and then says we'll look at it again when there is more cash to grab.
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01-29-2016, 02:16 PM
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#1115
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First Line Centre
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Quote:
Originally Posted by chemgear
Notley does not rule out that this system might change with much higher prices, as long as change leaves industry competitive
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What the NDP will do when prices go up will depend on if they are still in power at that time. But this review outcome is kinder than anyone expected which is a good thing.
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01-29-2016, 02:24 PM
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#1116
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Franchise Player
Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by peter12
Did she actually say that bit about the big money grab? Was it a Freudian slip or something?
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That will come back to haunt her if she does increase royalties in the future. "Oh, apparently now is the time to do a big cash grab?"
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01-29-2016, 02:25 PM
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#1117
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Franchise Player
Join Date: Jul 2005
Location: 555 Saddledome Rise SE
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Quote:
Originally Posted by chemgear
I wonder if that's why this review has been delayed over and over again.
Panel does it's work, says "oh hey, we are already getting our fair share".
NDP rejects it out of hand and says look again.
Panel comes back and say, nope, still getting our fair share.
NDP rejects that too and says we need 8 billion to cover our all our spending.
Panel shrugs and says you do it then.
NDP makes the announcement today and then says we'll look at it again when there is more cash to grab.
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I'm admittedly venturing into unfounded partisan bias territory here, but this makes a lot of sense.
Though I still don't understand why, if it really is "fair" to take a bigger cut when prices are good, they didn't just raise rates for prices above, say, $80. That obviously wouldn't have impacted a single producer right now.
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01-29-2016, 02:27 PM
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#1118
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Franchise Player
Join Date: Jun 2008
Location: Calgary
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Quote:
Originally Posted by Frequitude
I'm admittedly venturing into unfounded partisan bias territory here, but this makes a lot of sense.
Though I still don't understand why, if it really is "fair" to take a bigger cut when prices are good, they didn't just raise rates for prices above, say, $80. That obviously wouldn't have impacted a single producer right now.
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I'll let you in on a little secret...
They are all stupid.
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01-29-2016, 02:33 PM
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#1120
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In the Sin Bin
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Quote:
Originally Posted by CorsiHockeyLeague
Seriously, that's a remarkable statement. Obviously right, but does that suggest that there IS a good time to make a big money grab? Yeesh.
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I only got to hear part of the media raking Notley over the coals for her flip flop on how bad this royalty regime is for Albertans, but every answer I heard basically said the further drop in prices late in 2015 forced her hand. She all but implied she will jack the rates when the price begins to recover.
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