Alberta pipe politics: Notley would review royalty structure

Alberta New Democrat Party (NDP) Leader Rachel Notley says Premier Jim Prentice is fear mongering when he accuses her of turning her back on the oil industry and job creation.

Notley has said that if she wins next Tuesday's election, she will hold a review of the province's royalty structure to ensure that Albertans are getting a fair return for their non-renewable resources.

Prentice says a review would hurt the industry and undermine public confidence in Alberta.

Royalties are paid by energy companies to develop the province's oil and gas resources.

"Albertans know that the last thing that this province needs right now is a royalty review because it will undermine business confidence at the very worst possible time," the Tory leader said during his campaigning. "The last time we did this it cost us billions and billions of dollars of investment and thousands and thousands of jobs. It's the last thing we should do."

Progressive Conservative Leader Jim Prentice chided Notley on Monday for her promise to take a hands-off approach on two pipeline projects to get Alberta oil to the coast.

Prentice says voters deserve more clarity on where the Alberta NDP stands on oil pipelines.

Edited from various sources by Elizabeth Corner

Sources: CBC, Calgary Herald

Read the article online at: https://www.worldpipelines.com/business-news/29042015/alberta-pipe-politics-notley-would-review-royalty-structure/