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Gold/Mining/Energy : Oil Sands and Related Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Kayaker who wrote (17689)	9/20/2007 12:47:10 AM
From: TheTortuga	Read Replies (1) \| Respond to of 25575

Kayaker, you missed the point entirely. Some questions for you to ponder: - Does Alaska produce bitumen or a standard transportable crude oil? - Is Alaska's production ramping up or depleting? - What are the netback's in Alaska versus Alberta (bitumen) Did you analyze the situation at all or did you google "US" and "Increase Royalty"? The question tonight is will taxes be increased sufficiently to stop development. Comparing this situation with Alaska that is selling oil at a very large premium over bitumen is absurd. An excerpt from your link: " The current production tax provides few incentives for investment. The new oil production tax being proposed will provide significant new oil and gas exploration and investment incentives." Is this what Canada, errr Alberta, is doing? NO, the opposite is being proposed. Tell me if I'm wrong, but with the surge in people, I would have expected the taxes generated from individuals would have spiked? Wouldn't those same individuals buy stuff and generate sales taxes as well? I would have thought Alberta was doing better today than 10 years ago financially. Where is the income going? TheTortuga