Saskatchewan would support Alberta’s decision to turn off oil taps

CBC.ca.  “If the fuel tanks start to run dry because Premier Notley has turned the tap off, it won’t be Saskatchewan filling them up,” the premier told CBC Radio’s The … Though Saskatchewan isn’t connected to Kinder Morgan’s Trans Mountain pipeline, the delays in getting the $7.4 billion expansion completed are …



Q. WHAT IS A FAIR SHARE OF OIL TAXATION: THE ETERNAL QUESTION

A. fair share of oil taxation is whatever the majority of politicians need to keep their constituents “whole” and “happy”.

It was that way in the early days of Prudhoe Bay until the creator of Alaska’s Permanent Fund (Governor Jay Hammond) and a non partisan legislative consensus brought peace and predictability to oil taxation lasting for the next two decades.  See the link below for an audio/video link. 

P.S.  The real answer, in our opinion, should be: a stable, non discriminatory oil tax regime that equally bears — along with other taxpayers — the just and reasonable cost of prudently and sustainably balancing the government’s budget.    (We would hasten to add that though the historical oil tax policy established below was stable, it was still not free of discrimination, imprudence and ultimate restructuring after the two decades of relative predictability) -dh