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Natural Gas output decline creates fiscal headache
April 9, 2009 @ 6:12 am In Gas Market News
Even more than royalties or sagging commodity prices, the Alberta government needs to be worried about dwindling natural gas production to fill its gaping fiscal hole, a record $4.7-billion budget deficit.
Don Herring, president of the Canadian Association of Oilwell Drilling Contractors, stated:
Natural gas production is falling and it's taking their revenue stream with it.
For full story, click here [1]
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[1] here: http://www.calgaryherald.com/business/Natural+production+decline+creates+fiscal+headache/1479225/story.html
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