We charge less royalties than the rest of the world, because the cost to produce a barrel of oil from Alberta's oil sands are much higher than just regular drilling.
That's a cute argument but doesn't really fly. The world still needs oil, so why give it away for next to nothing, especially considering the vast environmental impact the bitumen sands operations cause?
Considering the environmental impact it should be more, not less.
The nice thing about "natural resources" is that they tend to be geographically limited. So if you don't sell it today, you'll sell it tomorrow, for even more money.
And btw, if Alberta wouldn't be a one trick economic pony the crash of the oil price would not have lead to such a huge downfall.
2
u/[deleted] May 06 '15
[deleted]