Kevin Russell
boosted
Interesting info from Factsmtr's substack.
Approximate royalties collected by:
▪️Norway = ~$87/barrel
▪️Alaska = ~$38/barrel
▪️Alberta = ~$4/barrel (by policy choice)
@factsmtr.bsky.social comments:
"The Alberta system is delivering exactly what it was designed to deliver: lower public returns, higher private retention, and socialized risk."
https://factsmtr.substack.com/p/albertas-oil-and-gas-royalties-record?r=6maa5b
