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- Alberta_Royalty_Review abstract "The Alberta Royalty Review was an independent panel, chaired by William M. Hunter, established by the government of Alberta to review the level of resource royalties collected by the provincial government from petroleum and natural gas companies. In their final report entitled \"Our Fair Share\" released on September 18, 2007 the panel concluded that Albertans, who own their natural resources, were not receiving their \"fair share\" from energy development. Royalty rates and formulas had \"not kept pace with changes in the resource base and world energy markets.\" As a result of the review new regulations came into effect under the Alberta Mines and Minerals Act including the Petroleum Royalty Regulation, 2009, and the Natural Gas Royalty Regulation, 2009. The government of Alberta expected to collect approximately $2 billion annually with new royalty formulas implemented in 2009. Instead of an increase in royalties on oil and gas, Alberta collected $13.5 billion less from 2009 to 2014 with the new formula. There was a flaw in the 2009 New Well Royalty Rate formula which was in effect by May 1, 2011, regarding the royalties on gas which had provided almost 67% of total royalties collected by Alberta prior to 2009. Under the 2009 formula applied to Natural Gas and By-products represented a decrease from the previous fixed rates. With this formula gas royalties declined by approximately $5 billion per year and provided only 17% of total royalties. In 2008 the global price of oil plummeted from an all-time high of $145 a barrel on July 8, 2008 to $32 a barrel later in 2008 resulting in \"the cancellation of many energy projects\" in Alberta. By 2015 several of these oil projects had not resumed. In spite of this, Alberta collected $2 billion in oil sands royalties in the post-2009 period with the new rate of 20% compared to $1.5 billion from 2004-2009 with the old rate of 15%.".
- Alberta_Royalty_Review wikiPageExternalLink www.albertaroyaltyreview.ca.
- Alberta_Royalty_Review wikiPageExternalLink royalties.
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- Alberta_Royalty_Review wikiPageWikiLink Oil_sands.
- Alberta_Royalty_Review wikiPageWikiLink Parkland_Institute.
- Alberta_Royalty_Review wikiPageWikiLink Peter_Lougheed.
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- Alberta_Royalty_Review wikiPageWikiLink Ralph_Klein.
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- Alberta_Royalty_Review wikiPageWikiLink Surveying.
- Alberta_Royalty_Review wikiPageWikiLink The_Crown.
- Alberta_Royalty_Review wikiPageWikiLink The_Goose_That_Laid_the_Golden_Eggs.
- Alberta_Royalty_Review wikiPageWikiLink Underlying.
- Alberta_Royalty_Review wikiPageWikiLink University_of_Alberta.
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- Alberta_Royalty_Review wikiPageWikiLink Wildrose_Party.
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- Alberta_Royalty_Review wikiPageWikiLinkText "Alberta Royalty Review".
- Alberta_Royalty_Review wikiPageWikiLinkText "proposed increase in royalty rates".
- Alberta_Royalty_Review wikiPageUsesTemplate Template:Quote.
- Alberta_Royalty_Review wikiPageUsesTemplate Template:Reflist.
- Alberta_Royalty_Review wikiPageUsesTemplate Template:Rp.
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- Alberta_Royalty_Review subject Category:2007_in_Alberta.
- Alberta_Royalty_Review subject Category:2007_in_Canadian_politics.
- Alberta_Royalty_Review subject Category:Canadian_commissions_and_inquiries.
- Alberta_Royalty_Review subject Category:Economy_of_Alberta.
- Alberta_Royalty_Review subject Category:Energy_in_Alberta.
- Alberta_Royalty_Review subject Category:Energy_policy.
- Alberta_Royalty_Review subject Category:Petroleum_politics.
- Alberta_Royalty_Review subject Category:Politics_of_Alberta.
- Alberta_Royalty_Review hypernym Panel.
- Alberta_Royalty_Review type Work.
- Alberta_Royalty_Review type Inquiry.
- Alberta_Royalty_Review comment "The Alberta Royalty Review was an independent panel, chaired by William M. Hunter, established by the government of Alberta to review the level of resource royalties collected by the provincial government from petroleum and natural gas companies. In their final report entitled \"Our Fair Share\" released on September 18, 2007 the panel concluded that Albertans, who own their natural resources, were not receiving their \"fair share\" from energy development.".
- Alberta_Royalty_Review label "Alberta Royalty Review".
- Alberta_Royalty_Review sameAs Q4711807.
- Alberta_Royalty_Review sameAs m.03cf0n8.
- Alberta_Royalty_Review sameAs Q4711807.
- Alberta_Royalty_Review wasDerivedFrom Alberta_Royalty_Review?oldid=683046585.
- Alberta_Royalty_Review homepage www.albertaroyaltyreview.ca.
- Alberta_Royalty_Review isPrimaryTopicOf Alberta_Royalty_Review.