[Ost-news] G & M:Effect of royalty rates not so painful

[Oil Sands Truth: Shut down the Tar Sands - social and environmental impacts of tar sands heavy oil projects across North America]

Effect of royalty rates not so painful  
In recent quarterly reports, energy firms say higher rates won't pinch profits so hard  
NORVAL SCOTT  
With files from Reuters  
November 10, 2007

CALGARY -- A swath of energy companies said this week that the impact of Alberta's increased royalty charges won't be as significant as some in the oil patch had initially feared.

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    [1]: http://oilsandstruth.org/g-amp-meffect-royalty-rates-not-so-painful

URL: http://oilsandstruth.org/g-amp-meffect-royalty-rates-not-so-painful