“Democracy doesn’t require a whole lot of work of its citizens, but it requires some: It requires taking a good look outside once in a while, and considering the bad news and what it might mean, and making the occasional tough choice, and soberly taking stock of what your real interests are.”
October 16, 2008, 10:16pm
The fact that they collect royalties from the energy sector plays an obvious key role in their position in relation to energy policy and structuring. Plus, on a sustainability level, these royalties are nothing to the integrated corporations, but more extraction will be a huge environmental cost to the province.
Interesting article: “Alberta holds fast on royalty regime”.
btw, Suncor Energy Inc. (SU). Down 79 cents, or 3.16 per cent, at $24.20 on a volume of 8,463,599 shares. 52-week high was $74.28… speculated to be vulnerable to international takeover bids.
October 16, 2008, 9:59pm
