cyberclark

Canadian Oil Sands Stocks: A Long Term Hedge on Oil Prices

The environmental "problems" of tar sands are not in my view weighed properly.

The bitumen is mixed with High Vapor Base (gasoline base) to make it into a slurry for movement down the line. The finished product is that; finished. It takes much less "refining" to get the cuts of of the crude that is required at the time.

Hence, lower refining and carbon outlays in Texas or Oklahoma.

While the fight is on in the north the rush for carbon credit is on in the south.

Oh Canada: Top 15 Oil Exporting Countries to the U.S.

All is not what it appears to be. Canadian Oil and Oil Exploration was almost totally owned by US companies since it's inception years ago.

The maligned National Energy Program was a good even great design for its time. What was it to do?

1. Increase Canadian content in the oil industry by giving incentives to Canadian companies.
2. Keep the price of oil bellow the world price to protect consumers.
3. Tax oil exports to increase the federal share of the profits.

While this was in effect, Canadian Ownership moved from a very low 25% to 50% in the space of 3 years.

Most of the existing companies are traded on the US markets with the equities being held by US interests.

It is hard to think of Canada as being separate when the mechanics are viewed. In keeping with the subject some 80% of the worlds oil supplies are nationalized. Canada is a great exception.

The Oil Sands: Profiting from a Misunderstood Patch in the Oil Complex

Wow!
I agree with the author that COS.UN OR COSWF.PK and SU (suncore) are probably the most undervalued stock in the market today. It won't take 100.00 to bring the profits up.

Alberta charges these guys the lowest royalty rates in the world! For instance their bench mark of 19% Canadian$ flies in the face of 30.00 US royalty taken by either Saskatchewan or BC. Or for that matter the 19% US taken in the Montana basin.

Alberta is effectively paying these companies to take the resource away! How can that not be the best deal on the board??

As for the dam ducks and National Geographic; the ducks got more press than Obama while most are killed off by lead shot and wind farms which the "greens" don't want to talk about;National Geographic is sensational yes but factual, far from it.

Full Impact of Alberta’s New Royalty Framework Still Years Away

Alberta is presently collecting only 19% royalty, down from the 25. Stelmach is trying to protect his voter base by talking 25%. The thought is that royalty is reduced for several years prior to the increase, which is doubtul, in order to flush cash into the oil stock.

Full Impact of Alberta’s New Royalty Framework Still Years Away

Also: If you listen close to this Government is is talking total dollars in resource revenue, not percentages. They are mixing up new production figures with the old to give a false impression of higher revenues. Futher, if you read their articles you will see they have laid the ground work to further reduce the revenues this province takes!

Full Impact of Alberta’s New Royalty Framework Still Years Away

It is half an article! The conservatives have changed the base numbers from US$ to Can$,an outright loss to this province when economies settle out with the Canadian dollar at 85 cents where it should be.

They have reduced the oil revenues down to 19% from 25% . The 19% is a bust for this province with cost of living, goods and services running at 20% we are paying the oil companies to take the oil!

This is a huge scam, nothing more and it has opened the door to
"insider trading" where a huge number of people sold their shares short, not being in the "inside circle"

The RMCP cannot investigate the Alberta Government unless they get permissions from the Audior General first. Small chance of that.
It is hard to distinguish this Government from organized crime!