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Alberta issued oil & gas licenses/leases for 20.5M hectares since 2010

That’s more than the area of all the oil sands and the entire provincial parks system combined.

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UCP increases max amount it’ll allow itself to lend to oil refinery

Last year, the Alberta government approved lending $1.25 billion to the Sturgeon Refinery. Then increased it to $1.5 billion. Now, they’re upping it by another $300 million.

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Who’s behind Alberta’s oil & gas war room?

In 2019, the UCP government created a private corporation to serve as an oil and gas propaganda machine. Here’s who works there.

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UCP 2021-22 budget: debt to GDP ratio 2.3× higher than under NDP

More debt. Fewer jobs. Less tax revenue.

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UCP guarantee 10-year freeze on NDP royalty rates. Kind of.

In 2017, the NDP’s Modernized Royalty Framework came into effect, freezing royalty rates for 10 years. The UCP thought that should be law.

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UCP government appoints 2 energy lawyers to Alberta Utilities Commission

Earlier this month, Alberta’s energy minister appointed two lawyers to the utilities commission. Both lawyers worked as counsel for energy companies.

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UCP budget predicts $125 billion debt by next election

Income tax revenues are $4.2B lower than planned this year. Oil & gas revenue is $3.4B lower. Federal transfer payments are $2.2B higher.

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Alberta reveals natural gas strategy

Earlier this week, the Alberta government released a vision and strategy for the natural gas sector. Canada is the 4th highest producer of natural gas in the world, and about two thirds of that is produced within Alberta. The newly released vision and strategy is intended to include more than natural gas production and distribution. […]

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Alberta gave $5B in royalty discounts to oil & gas sector since 2015

Through royalty adjustments, the provincial government reduces royalty rates for fossil fuel companies, which they hope will encourage new oil and natural gas reserves and improve the longevity of already existing reserves.

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Is it true that oil and gas is Alberta’s largest industry?

Last week, Alberta’s energy minister, sent out a tweet in which she claimed that the oil and gas sector is the largest industry in Alberta. But what does that mean?