THE BIG PICTURE

Alberta’s energy sector, and the global energy landscape, is vast and complex. Getting a handle on the big picture is a helpful starting point. As we learn some key parts of this picture, we’re going to share them with you here.

THE BIG 3

The Panel is going to examine three major streams of the energy business that fall under Alberta’s royalty framework: crude oil and liquids; natural gas; and oil sands.

Each of these streams involves distinct geology, prices, and market considerations. And each has a different royalty structure, which may need to change to meet our goals and expectations.

We’ll be sharing what we learn about these streams. As the conversation evolves, you’ll be able to click on the icons to dig deeper and explore each of these streams. We’ll be asking for your thoughts about them, and we welcome any wisdom you’re willing to share.

Return to see what we put here

Crude oil & liquids

Natural Gas

Oil Sands

Our travels in Grande Prairie and Fort McMurray

Last week, we had the pleasure of meeting with lots of folks and community groups in Grande Prairie and Fort McMurray. Between our meetings and our community engagement sessions, we had great conversations with hundreds of people. Every conversation reminds us why it’s important for us to talk to as many Albertans as possible.

In our travels this week, something that really struck us is how deeply people care about the future of their communities and how much they see the energy industry as a part of that future. We heard a lot of stories about job losses to be sure, but we also heard a lot of stories about investments that energy companies have been making to give back to communities.

Another clear message we took from our visits was that people are hungry for data. We got a lot of questions about how Alberta stacks up to other places in terms of royalty rates, costs, fees and taxes. It’s great that so many Albertans are interested and engaged and eager to dig into the facts and figures.

In the coming weeks, we’re going to be convening three expert groups (one for crude oil and liquids, another for natural gas, and a third for oil sands). Those groups are going to be gathering and analyzing lots of data and information to help our Panel understand the challenges and opportunities Alberta is facing.

Of course, we’re committed to sharing that data with you. As it comes in, we’ll be posting it to this site. So you don’t miss anything, make sure you to sign up to our email subscription list.

Thanks to everyone in Grande Prairie and Fort McMurray who gave us a warm welcome and some great thoughts and perspectives to take away.

Thank you,

Dave Mowat & Leona Hanson

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The Panel

The Conversation

We’re inviting you to have several conversations with us, over several stages. Each stage is going to feed into the next. We’re going to ask you questions, and consider what you say. On a regular and frequent basis, we’re going to report back and reflect what you’ve told us, and ask you more questions based on that.

The Phases

First thoughts
PRINCIPLES of a Good Framework
WHAT DOES SUCCESS LOOK LIKE?

Visit often, because the questions will change. Encourage your friends, family members and co-workers to visit and participate as well. We want to have as much dialogue with as many Albertans as we can.

Invite other Albertans!