April 19, 2018

Notley's new bill will nationalize Alberta's oil industry: Here's how

Ezra LevantRebel Commander

Rachel Notley has introduced Bill 12 in the Legislature.

The bill nationalizes Alberta’s oil industry.

It doesn’t confiscate the shares of oil companies. That’s how nationalization works in OPEC dictatorships like Venezuela, or in Russia. Sometimes the companies in question get a token payment. Sometimes not.

Whereas in Notley’s bill, the companies still get to technically own their own companies and property.

No, the companies now just have to do exactly what Notley says to do.

Lest you think I exaggerate, tonight I'll go through Bill 12 line by line.

For instance, this bill will ban oil and gas exports if "Alberta’s own future needs" aren’t taken care of. The oilsands have more than 170 billion barrels of oil in them. That’s more than almost any other whole country in the world.

And I actually think that Rachel Notley has no idea. Imagine actually arguing that you’re putting export licences on oil because Alberta might run out.

Imagine being so stupid.

This bill establishes something like the Wheat Board — but for oil. It’s illegal for Albertans sell their own oil now. And illegal only for Albertans to do so.

It's setting up a centrally planned economy, run by a government made up of public sector union bosses and student activists, perhaps the least qualified government ever to sit in a Canadian legislature...

NEXT: Marc Morano of Climate Depot joins me to talk about Al Gore's "flip flop" on coal.

THEN: Joseph Humire, Executive Director of Secure Free Society, comes on to update us on the situation in Venezuela. 


Comments
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commented 2018-04-22 05:40:31 -0400
Annie… You’re a fraud and a fruit fly PhD… You have been weighed tested and measured and you have been found wanting… your pseudo-PhD holds about the same amount to water as your pseudo-fact sheet… Now I’m really sorry but I can’t even read what you write because I find it noxious and painful to go any further than the first two sentences.. Please Annie for the love of life pull your skirt down because your autism is showing.!!
commented 2018-04-21 23:04:10 -0400
“- Germany has gone back to coal because their dream of a green energy future turned out to be just that, a dream. They got rid of their nuclear plants & “green” energy failed to fill the gap in so they had to scramble to meet their energy needs & the answer was coal. Al Gore is a shameless opportunist who made a massive fortune playing this green game, as have his backers. "

Incorrect. German coal use has declined from 275TWH in 2014 to 240 in 2017. Nuclear declined from 97 to 76, Renewables increased from 163 to 218. Total production from the three sources has stayed the same. Although it is correct that they’re using coal to backstop renewables as part of their nuclear phaseout, total coal utilization has declined (increased coal use on calm days, more than offset by decreased use when it’s windy).

“Drew Wakariuk commented 19 hours ago
Andrew Ontario will receive payments this year”
As I said, “Ontario’s the biggest net-contributor, sending 6b and getting 1b back (none next year, Ontario is a “have” again),” Yes, it’s receiving just under a billion this year. Notice “next year”.

“Michael Doll commented 10 hours ago
Andrew Stephensen from a day ago said "it’s not mathematically possible to have 97% of your country below average – " It’s actually quite simple.
I’ll concede that. Yes, it’s actually mathematically possible, but economically pretty unlikely.

Your scenario does represent a rather extreme case, we don’t have a 200x discrepancy in individual means, it’s about 1.8x (Alberta vs PEI). Ontario will remain the median for the forseeable future, and where it lies relative to the average (ie, above or below, have or have not) depends on what the provinces either side of it are doing. Of course, the provinces aren’t the most granular of units either. With Ontario a have again, we’ve gone from 70% below average to 70% above average basically overnight, and that 40% swing is mostly because Alberta had a recession and the average dropped, leaving Ontario above it.
commented 2018-04-21 13:01:49 -0400
Andrew Stephensen from a day ago said "it’s not mathematically possible to have 97% of your country below average – " It’s actually quite simple.

97 individuals have a value of one.
1 individual has a value of 13
1 individual has a value of 90
1 individual has a value of 200

Total value: 400. Average (mean) value: 4 Number under the average value: 97%. Unless you’re taking median or mode to be the “average”, but that’s not the usual meaning.
commented 2018-04-21 03:53:14 -0400
Andrew Ontario will receive payments this year.
commented 2018-04-21 03:49:49 -0400
Andrew Stephenson equalization is supposed to make living standards equal , it does not do that, it makes some suffer while others get mollycoddled.
commented 2018-04-21 03:49:02 -0400
Andrew Stephenson equalization is communism that punishes hard work. And Ontario never should have been a have not, that is piss poor government.
commented 2018-04-20 23:09:18 -0400
So much to destroy, and so little time, eh, Rachel?
commented 2018-04-20 19:10:53 -0400
So true Ezra,

How shortsighted, foolish and stupid her (RN) and his (JT/GButts) governments are. You make good sense always in all your discussions on this and all other matters!

Have you ever thought about running for a public office?- we will vote Ezra for sure!

Jim and Galina
P.S. Thanks for the great rally in Calgary on this past Sunday!
commented 2018-04-20 15:48:05 -0400
National Post article Feb.4/18
“Don’t tell Albertans, but Ontario is benefiting from a big loophole in the equalization formula
The $963 million in equalization money Ontario will receive comes via ‘adjustment payments,’ and may be disconcerting for skeptical Albertans”.

http://nationalpost.com/news/politics/dont-tell-albertans-but-ontario-is-benefiting-from-a-big-loophole-in-the-equalization-formula#comments-area
commented 2018-04-20 15:46:38 -0400
When Notley runs out of borrowed money, the Alberta economy will implode. Congratulations to the 39% of ignorant Albertans who voted for this Commie hag…you’ve destroyed your own province. Here’s a glimpse into your future, in the videos posted below, you idiots. It only took 8 years for Hugo Chavez to collapse Venezuela through his brain dead Socialist policies.
At least the Communist Party in the Soviet Union made sure there was plenty of vodka available for their peasants to be able to drown themselves in during their misery. No such empathy exists for Notley’s “sewer rats”.
Breaking Point: Venezuela’s Horrific Food and Medicine Shortage (Part One): http://abcnews.go.com/Nightline/video/breaking-point-venezuelas-horrific-food-medicine-shortage-part-45502548
Breaking Point: Venezuela’s Horrific Food and Medicine Shortage (Part Two): https://m.youtube.com/watch?v=EkGNsM9gakw
“When work is done” SCTV (1minute) https://m.youtube.com/watch?v=ZMUCnCUbm-U
commented 2018-04-20 14:04:04 -0400
- There were 3 styles of socialism that took hold in Europe by the 1930’s. Nazism, communism & fascism. We’re told that Nazism & fascism weren’t real socialism because they had “free market” economies but they didn’t. You still had private companies but they operated at the whim of the government. The government controlled production levels. The government controlled the markets. The government controlled the workforce (the Nazis banned all unions & workers were made to join the Nazi union, for example). The globalist plan is to bring in a hybrid style of socialism with a communist base & a Nazi/fascist economy. This is what the Notley NDP, with the support of the Trudeau Liberals, are implementing in the energy sector. It may not hold up this time but this is the goal of the left in Canada & throughout the West.

- Germany has gone back to coal because their dream of a green energy future turned out to be just that, a dream. They got rid of their nuclear plants & “green” energy failed to fill the gap in so they had to scramble to meet their energy needs & the answer was coal. Al Gore is a shameless opportunist who made a massive fortune playing this green game, as have his backers.

- I don’t expect much to change in Cuba with a change of leadership. Once these regimes are in place over the long term they become unable to change direction in any meaningful way until they finally collapse.
commented 2018-04-20 13:43:53 -0400
Andrew Stevenson… Would you please quit posting until you can back up your

outrageous statement that you’re holding a PhD for yourself and not for somebody else..
You cannot make a statement like that and then simply walk away from it when it’s convenient and expect to be taken seriously.
commented 2018-04-20 12:25:12 -0400
Ron Joseph. I believe the jet fuel to Vancouver will be shipped from South Korea.
commented 2018-04-20 12:01:13 -0400
“Peter Netterville commented 3 hours ago
Alberta contributed the most (between 12 & 24 billion/year) to the equalization program. The other two “have” provinces will not be able to even pay Quebec, let alone Ontario and the rest of the “have not” provinces. "

Ontario has become a “have” and will not receive equalization next year.

That’s not how equalization works – it’s not mathematically possible to have 97% of your country below average – and the remaining two “have” provinces, Newfoundland and Sask, are both economically troubled themselves. It’s taken out of general revenues, which is to say that a province, like Ontario that contributes roughly a third of the national economy, contributes roughly a third of the pool or 6b dollars.

Alberta and Quebec both contribute about 20% of the pool, or 3b. Quebec gets 12b back making it the biggest net-drain, -9b, although they’re also in the middle of their first real economic boom since separatism killed their economy so might bear to cut back a bit. Ontario’s the biggest net-contributor, sending 6b and getting 1b back (none next year, Ontario is a “have” again), while Alberta remits 3. Alberta’s per capita fiscal capacity is so far ahead of anyone else that its economy could shrink by a further 30% and still be a “have”.

I suppose the accounting technicalities make for less exciting posturing, though.
commented 2018-04-20 11:22:13 -0400
like I keep saying folks, STOP PAYING ALL TAXES, FORM A NATION WIDE TAX REVOLT, NO WORKING, SHOPPING NOTHING- ONLY FOR A COUPLE OF DAYS UNTIL THEY ALL FALL- AND THEY WILL VERY QUICKLY BECAUSE NOTHING FUNCTIONS/RUNS WITHOUT OUR MONEY! DO NOTHING AND SOON EVERYTHING WILL BE OWNED, RUN BY GOVERNMENT AND WE WILL HAVE NOTHING OF OUR OWN! WE already have no rights or freedoms as he every politician in the land is taking them, we are ignored and abused by every court, law enforcement, media, politician, government, political party and the list goes on and on and on. WHAT THE HELL ARE WE CANADIANS GETTING FOR ALL OUR TAX DOLLARS BESIDES ABUSED, BANKRUPTED, EXPLOITED, REPLACED AND THE LOSS OF OUR NATION!!!!!!! WAKE THE HELL UP CANADA BECAUSE 2019 WILL BE THE END OF US AND LIFE AS WE HAVE KNOWN IT! I’m tired of telling you all this and I as ONE PERSON IN THIS LAND OF 35 PLUS MILLION , CAN DO NOTHING BY MYSELF! It appears WE HAVE NO MEN OR TESTOSTERONE IN CANADA ANYMORE AND I’M WILLING TO BET WHEN THE RAPES AND SLAUGHTER OF OUR DAUGHTERS, MOTHERS, WIVES,SISTERS BEGIN- AND THEY ALREADY HAVE WITH VERY LITTLE OUTCRY FROM CANADIANS (UNLIKE THE BIG OUTCRY WHEN THE MUSLIM GIRL CLAIMED ASIAN CANADIAN HAD PULLED HER HEAD COVERING OFF WHILE THREATENING HER BUT NOTHING WHEN IT WAS DETERMINED SHE LIED, NOT EVEN AN APOLGY!!) SO I’M WILLING TO BE OUR SO CALLED MEN WILL STAND BACK AND WATCH THE RAPES AND SLAUGHTER WHILE DITHERING ABOUT WHO WILL COME SAVE US RATHER THAN HAVING TO TAKE ACTION THEMSELVES! WHAT THE HELL KIND OF PEOPLE LIVE IN THIS FORMER COUNTRY? IT SURE AS HELL ISN’T ACTUAL CANADIANS BORN OF THOSE WHO BUILT AND SACRIFICED FOR THIS COUNTRY, OUR FREEDOMS, DEMOCRACY !
commented 2018-04-20 11:16:35 -0400
NDP Sucks—I just saw Sheila’s Clip, and thats’s where you found that it was Asian oil. That makes no sense, and will be very expensive compared to North American Fuel.
commented 2018-04-20 10:58:14 -0400
You know what happens when Government gets involved in anything? F&^ked up royally. Poor Albertans.
commented 2018-04-20 10:52:04 -0400
NDP Sucks—I read your link regarding the Jet Fuel Pipeline between Vancouver Harbor and the Airport.
Where does it say that the Fuel originates from Asia.? It would the first time I’ve heard that Asia has Jet Fuel to export across the Pacific. Asia usually imports oil products, as there are around 10 thirsty Countries in the area that need it.
commented 2018-04-20 09:39:27 -0400
It all boils down to Trudeau and the gov funded CBC that constantly campaigns for him and the Liberal Party. Without the CBC, Trudeau would never have been elected. Harper would have solved the problem between AB and BC long ago. Trudeau is a screwed up man-child, unfit to lead. P.S. By law, ON cannot receive equalization money. ON pays in, but never receives.
commented 2018-04-20 09:33:30 -0400
Wake me when this nightmare is over. It all goes from bad to worse to outrageously aggressively destructive. These people are mentally unstable, power hungry psychopaths. Communists!
commented 2018-04-20 09:01:59 -0400
Oil rich Canada will now be importing by tanker to both coasts. Billions sent to OPEC and China.
Jobs losses will be so staggering it will be impossible not to notice. Our government both provincial and federal are working against Canada.
Alberta Saskatchewan and Manitoba should separate or join the US.
commented 2018-04-20 08:37:08 -0400
The regulations may be new to oil and gas, but the Coal Conservation Act in Alberta has been law since at least 2000. The approach it takes is that the AER is mandated to maximize utilization of coal resources. The law states that the AER can determine what information they need from a company in order to determine what the maximum utilization should be. With a laizzez-faire government this means they double-check your work. With a government that wants to grow government or wants to keep a close eye on business “because they can’t be trusted”, this means the government can legally micro-manage operations.

A company has the incentive of profit for operating efficiently. What are the incentives for the government workers who act as overseers?

The AER mandate came about to maximize the multi-tiered royalties in Alberta, some for what comes out of the ground, a much higher percentage for the profit gained.
commented 2018-04-20 08:18:08 -0400
Space Moose said, “Look at the bright side. It won’t be long before Alberta starts receiving equalization payments.”

From whom?

Alberta contributed the most (between 12 & 24 billion/year) to the equalization program. The other two “have” provinces will not be able to even pay Quebec, let alone Ontario and the rest of the “have not” provinces.
commented 2018-04-20 07:29:09 -0400
Hmmmmm, a National Socialist Party, I wonder what the acronym is for that?
commented 2018-04-20 04:36:02 -0400
Keith and Helen Harvey.. I have been saying that for quite some time… They are not incompetent they are not stupid and they are not clueless as they have all been branded. Actually they are very competent very well connected globalists with an agenda and anybody that can’t see that aren’t stupid, the clueless and the incompetent ones. It has been many years in the making leading up to this period in time where just enough people are on board one way or another to allow this agenda to move forward with momentum … Political corruption, nepotism and greed as well as modifications to the charter of rights along with the abolishment of capital punishment made this all possible over time. The infection starts now with our learning institutions from kindergarten all the way through high school with our universities turning out the most dedicated leftists Marxists Communists that integrate their way into society at the higher levels of influence. This was all foretold in the book of revelations and may God help us and if he won’t help us may he would have pity on us. World wide, across Europe Asia most of the Middle East, south and north America politicians everywhere are pursuing aggressively the globalist agenda for the elites… When they start it seems that some of them have the best of intentions but along the way they get "changed " bribed by financial gain, blackmail for their forbidden and illegal pleasures and if none of that works I am sure that deadly threats levied against their families would be the leverage required to bring them to heel.. however most of them would stand in line and choke each other to death for an opportunity to be a puppet for the globalist power brokers and willingly with enthusiasm grind the Bourgeois under their heels for their pleasure. This will not be easy to fix if it is fixable at all. I guess that’s why seditious treason was punishable by an ugly death once upon a time.
commented 2018-04-20 03:48:00 -0400
Private investment will die and we will all suffer.
commented 2018-04-20 02:42:17 -0400
Look at the bright side. It won’t be long before Alberta starts receiving equalization payments.
commented 2018-04-20 02:28:11 -0400
Many people are probably not aware that the Vancouver Port Authority is building a pipeline from the Fraser River to the Vancouver Airport. The purpose is to import jet fuel originating from asia. The federal government was not notified of this project and the environmental activists are silent on the demon tankers bringing the demon fuel into their pristine river endangering salmon. The Trans Mountain pipe is currently being used to ship jet fuel from Edmonton. This pipe from the Fraser River to the airport is another attempt at choking oil sands production while paying higher prices which are passed on to the customer on their flights. Garneau the transport minister was apparently not happy with this major protocol snafu or more likely was filled with faux outrage.
http://vancouversun.com/news/national/port-of-vancouvers-jet-fuel-pipeline-approval-surprises-minister
commented 2018-04-20 02:05:53 -0400
And what, pray tell, is Jason Kenney’s “ballsy” opposition to all this?? If any?…