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    #21
    Stelmach at mercy of voters, oilpatch
    Don Braid, Calgary Herald
    Published: Saturday, October 27, 2007
    When a premier rides down the middle of the road, the people watching might throw flowers, but they could also lob pies.

    Premier Ed Stelmach is wide open to both greetings as he hits the open highway in his political convertible, a nakedly vulnerable leader through his own choice.

    The farmer from Lamont has upended the province with his royalty policy. He did it against the advice of many Tories who have kept this party in office since 1971.


    Stelmach has a truly curious habit of doing things backwards.

    With no public mandate as premier, he could have postponed the royalty review until an election was safely won, as Peter Lougheed did in 1972.

    Lougheed had four years left on his mandate when he began his own royalty upheaval. There was plenty of time to iron out kinks and recover from disasters.

    Stelmach decided to do the royalty fix first. Now his future is at the mercy of voter and industry reaction.

    This is risk-taking on a scale that would terrify a high-wire artist at Cirque du Soleil. The gamble could destroy Ed Stelmach by next spring, when his party holds its next convention.

    This is the same party, remember, that dumped Ralph Klein, the longest-serving and most popular premier in modern Canadian history.

    In 1992 these same Tories started an internal campaign against Premier Don Getty. He was gone in little more than a year.

    A party that dumps premiers who win majority governments will tear Ed Stelmach apart in a heartbeat.

    He has governed on sufferance so far because the amiable Alberta public was ready to give him a chance.

    Sensing this, his caucus retreated into watchful, nervous silence while Stelmach took the government down untracked paths.

    But if the public rejects the royalty policy, Stelmach will have no fallback authority.

    He was third pick to lead a government still packed with Ralph Klein's friends and fans. The royalty battle was his idea alone. Some leadership candidates didn't think it was the big issue Stelmach insists he heard about so often.

    On Day One of reaction to the policy, catastrophe was at least averted in the stock market. Hence the deep shudder of relief in the premier's office.

    The overall business estimates, from expert companies like FirstEnergy Capital, were quite positive. Nobody is calling for a wholesale flight of capital.

    Ominously, though, FirstEnergy also concluded: "Big Oil Wins, Little Oil Loses."

    "Economics will be challenged for both natural gas and oil projects . . . You're a technically proficient geoscientist or engineer and want to be an entrepreneur in Alberta? Go somewhere else."

    In the small oil and gas sector, a solid core of Tory support, boiling anger was building even before the policy came out.

    For weeks I've been in contact with Lee Baker, a sincere and honest small player in the patch.

    He concluded Friday that although his deep gas well might survive, "our high-volume project in northern Alberta is hit hard. We will likely cancel a six-well project for the area."

    Mark Rennenberg, a Calgary consultant, sent a bitter e-mail to Stelmach Friday.

    "I am one of the 'little people' in this province who go to their job everyday and work hard to earn a living," Rennenberg told the premier.

    "After today, I will not be supporting the Progressive Conservative party of Alberta. And I doubt that I ever will again." Today Ed Stelmach totters on his own high wire with political safety a misty distance ahead. Mysteriously, he doesn't even seem aware of the long fall below.

    Comment


      #22
      Ivbinconned: Cry me a river!!! Your articles aren't worth the paper they are written on. Sore losers who made a mint off of stupid Getty and Klein policies will now PAY for their **** of the land and its resources.

      Most of the people I talk to say..."go gittum Ed", "thank gawd we have a Premier with guts."

      In an old Edmonton Journal many moons ago, there was an article which revealed that between 1/4 and 1/3 of Ralph's cabinet had connections to the resource industries (primarily oil, natural gas or timber). It also detailed SOME of the ex-politicos and former government employees who "found" jobs with the resource extraction industries AFTER they left government.

      Darn, I wish now that I had saved it.

      So what do you say to that? Do you think that government policies are not shaped by self-interest? Is that the reason the oil companies got such a sweetheart deal in the past?

      Comment


        #23
        I will gladly answer that!!! When you stop ignoring what I ask you.

        "Wilagrow...if you owned the mineral rights on your land, would you release your claim, giving it to the government, for the benifit of the "government" to do with as it pleases??"

        And, as you well know, I have NEVER been a defender of Ralph Klein...the liberal.

        Comment


          #24
          ivbinconned: ...if you owned the mineral rights on your land, would you release your claim, giving it to the government, for the benifit (benefit) of government" to do with as it pleases??"

          The answer is NO. Government has laws however, that say that they can expropriate...so we as individuals have limited control.

          However, your question is moot as WE as individual Albertans, have not owned the mineral rights since 1905...same as Saskatchewan. The few people in this area with mineral rights inherited land owned before 1905. When oil companies buy a Crown lease, they don't OWN the mineral rights either, only the right to the use of the lease and extract the named resources. However, the government has the final say...the lease has limitations.

          Comment


            #25
            I've been too busy to check out this site for a few days, but this post intrigues me. As Ivebin says my sons have been very busy and fortunate working in the resource industry. One will remain busy, but the other has already been advised that some of his winter work program is being put on HOLD. My son's and I do not agree on the royalty issue, in fact, we have agreed to put the subject in the PARKING LOT when in each other's company.

            The Premier got handed a mess as far as royalties go from Ralph, and he had the guts to order the royalty review, make it public and act on it.
            Stocks haven't tumbled into the toilet, in fact, some, including the company my #2 son consults for have increased.
            There was a downturn in the drilling industry long before this issue arose, rigs have been sitting idle all year, but it is convenient to now blame Ed.

            To put it plain and simple, I am a lot more concerned about the future of the cattle producers in our Province than I am in the fallout from the new royalties.

            Comment


              #26
              And on that point I hope that the dollar keeps climbing to the point that some canadian enity will buy the packing plants.

              Comment


                #27
                Review was long overdue, thanks for the firesale (to date) Ralph. Alberta deserves the better deal that has been outlined by P Stelmach. Now lets address the issue of pollution, caused by oil & gas guys. Land, rivers, streams, and lakes used/abused by industry. Fresh water depleted and ruined. The air quality we suck in, being ruined. Enough buck passing. LETS DO SOMETHING! How about it PM Harp, not just a continuing release of hot air, which by the way contributes to global warming. The economy is very important, but not the only thing that makes for a decent life in Kanadia.

                Comment


                  #28
                  Easterners like me came to Alberta to make money working in the oilfield. We didn't come out to shovel S*%& for bitter old ranchers for $5/hour.
                  Anybody on this forum including they naysayers cannot deny that the province would be a backwater of dying little towns without the oilfield but I guess that would make them happy.
                  Wilagro says he wants everyone who gets ahead to pay more? Kind of takes away the incentive to work harder doesn't it?
                  When I left PEI in 94 to find work in the oilfield, I called a bunch of guys back there to come on out as there was money for the taking. They are still back there 13 years later collecting unemployment. I guess they are getting their "fair share" of my tax dollars.

                  Comment


                    #29
                    One would have to be a narrow minded shallow thinker, driven by envy and jealousy, to not acknowledge the fact that those good paying oil and gas sector jobs are an indirect kind of "royalty"! That you don’t work there Willy and Burburt…is your choice!

                    Try to look at the big picture!!Not just whats in it for little old me.

                    While socialists are always building castles in the sky, capitalists and free enterprisers build them on the ground.

                    Comment


                      #30
                      For gawds sake ivbinconned, I AM A CAPITALIST. I bought my farm with real money, I equipped my farm with real money, I broke up land and employed real money to do so. So stick it in your ear.

                      Because I would like to see realistic royalties paid to the province for tar sands exploitation, you go on that socialism rant again.

                      Increased royalties will not decrease the high wages that "spudsucker" gets. Nobody said "cut the oil workers wages". Even executives in the Calgary offices for these oil companies ADMIT that it won't affect their bottom line...they have already made multi-billions under old Ralph's weak scheme.

                      Bleeding this province dry of oil without proper compensation to US is unforgivable. Oil hit $93 a barrel today and the current royalty scheme returns a pittance.

                      Comment

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