Misplaced generosity extraordinary profits in Alberta's oil and gas industry

Boychuk, Regan. (Author). Canadian Electronic Library (Firm) (Added Author). Coherent Digital (Firm) (Added Author). Parkland Institute (Added Author).

Summary: The Canadian Association of Petroleum Producers publishes extensive statistics on the Alberta oilpatch, allowing us to use the industry's own data to evaluate its health and whether or not the string of royalty cuts announced by the Government of Alberta since 2008 were justified. These statistics allow us to estimate the industry's pre-tax profit, the government's share of revenue and resource rent, and the portion of industry profit in excess of a normal rate of profit. The conventional oil and gas sector (Part 1) is considered separately from the tar sands (Part 2).

Record details

ISBN: 9781894949293 (print)
Physical Description: 1 electronic text (iv, 44 p.) : charts, digital file.
remote
Computer data.
electronic resource
Publisher: Edmonton, Alta. : Parkland Institute, 2010

Content descriptions

General Note:	"November 2010." CatMonthString:january.23 Issued as part of the desLibris documents collection. Multi-User.
Bibliography, etc. Note:	Includes bibliographical references.
Formatted Contents Note:	Acknowledgements -- About the author -- About the Parkland Institute -- Executive summary -- Conventional oil and gas -- The tar sands -- Introduction -- The 'Great Recession' -- Owners deserve answers -- An overview of rent and profit measures -- Data sources -- Rent calculations -- Taxes -- Further details on methodology -- Part 1. Traditional oil and gas -- A decade of excess profits: accounting from the owners' perspective -- Albertans' share dwindles -- How Alberta stacks up -- Profits double and double again -- Industry cries poor -- False claims and the competitiveness review -- Higher costs? -- Has investment been fleeing? -- Creating jobs? -- Politicking and influence -- Part 2 -- The tar sands -- Little known facts -- The tar sands' publicly funded roots -- Writing its own rules -- Lining up to lose money? Free oil and the true scale of tar sands profits -- Environmental costs denied -- Conclusion and recommendations.
Type of Computer File or Data Note:	Text (HTML), electronic book.
System Details Note:	Mode of access: Internet.
Terms Governing Use and Reproduction Note:	Access requires VIU IP addresses and is restricted to VIU students, faculty and staff. Access restricted by subscription.
Issuing Body Note:	Made available online by Canada Commons.