tag:blogger.com,1999:blog-31415271.post1517030999215160510..comments2023-09-22T06:22:50.820-06:00Comments on Ken Chapman: Talisman Says Its Reducing Alberta Investment Too - But Is It Really Due to Royalties?-kenchapmanhttp://www.blogger.com/profile/11384045981190810115noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-31415271.post-59201703160063093482007-10-03T19:34:00.000-06:002007-10-03T19:34:00.000-06:00Anon 2:40 pm...I agree totally with you. I believ...Anon 2:40 pm...I agree totally with you. I believe that there is a middle ground to ensure that Albetans get their fair share and the energy industry gets a reasonable rate of return on their investment. It is unfortunate that the debate has become so polarized and that individuals such as Ken Chapman are unwilling to take an objective look at the facts. I could rebut his argument point by point, but it is useless, because he is not willing to examine the evidence in its totality. He has got so caught up in his own rhetoric that he has lost sight of the big picture. I suggest that it would be more useful for you to direct your comments to those who are charged with making the decision on behalf of Albertans. At least in that forum, you may get a fair hearing.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-31415271.post-85501400005933235502007-10-03T14:40:00.000-06:002007-10-03T14:40:00.000-06:00No posturing necessary, they've run the numbers on...No posturing necessary, they've run the numbers on this disastrous report. This is an additional $500M on top of that.<BR/><BR/>Costs and low returns were already forcing companies to allocate investment elsewhere. Additional costs from implementation of the RR recommendations will lead to a severe cut in gas drilling in Alberta, particularly in the NW corner. This, BTW, is the most valuable drilling in the deep basin. The removal of deep gas incentive will end this drilling.<BR/><BR/>Lower costs and higher returns make a lot of other places in the world look more attractive. And 'the others' you reference below aren't moving into these areas. Those leases will still be held by the companies who have paid for them for several years.<BR/><BR/>There is room to move in all this, but pushing for full adoption of the report is naive and shortsighted.<BR/><BR/>RandyAnonymousnoreply@blogger.com