Alberta aims low in oil price estimates
For ’08-’09 counting on average of US$70, minister factored in likelihood of U.S. recession, turbulent global financial markets
For Petroleum News
Low-balling is the name of the game when the time comes for the Alberta government to estimate oil and natural gas prices for its fiscal years.
A succession of finance ministers, including the latest incumbent Iris Evans, take great pride in pointing to their “cautious, reasonable and prudent” appro....
[additional news subjects in this story]
Range of US$65-$100 a barrel for oil
Revenues expected to be up C$700M
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/24/2013)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
circulation@PetroleumNews.com --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.