Are Albertas Royalty Rates Too Low Pembina Institute

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Are Albertas Royalty Rates Too Low? (Pembina
Institute)

• Average Rates Charged During Period 1995-2002
• Norway 14.10 / barrel of oil equivalent
• Alaska 11.60
• B.C. 5.40
• Saskatchewan 4.70
• Alberta 4.30 (blended rate)
• More geographically concentrated pools than
  Albertas reserves (i.e., different extraction
  costs)
• When prices rise, should private companies be
  allowed to reap windfall profits?
• Alberta collects only 69 of available revenues
  c.f. Alaska _at_ 98 Norway _at_ 89. (Not in CH)
• Additional Issue drilling incentives