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Alberta Oil Sands

The Alberta oilsands are a resource that Canada and the US cannot survive without being developed. This is a fact. Alberta and Canada need the jobs and infastructure development that comes from the development of that natural resource. The economic impact will exceed the entire automotive industry in Ontario or the fisheries our East, or Forestry in BC. The oilsands will be the largest economic contributor of the next 25 years.

With uncertainty in the middle east, this resouce must be developed asap. Much of the control that the middle east and OPEC has over North America could be alleviated. Yes, there are economic impacts. Yes, there is global warming. Yes, there are potential biological hazards. However, these concerns will not go away by ignoring the oilsands, as the exploration and development of oil will just relocate to another juristicion or natural resource source. If they dont dig it up in Alberta, they will dig it up in Brazil, or China, or Russia.

I personally would prefer to see the resource extracted by consciencious development here where it can be observed and monitored rather than behind the iron curtain or in some remote area of Siberia where ecological concerns and protections cannot be enforced or are completely non-existant.

The answer is not to avoid development, it is to encourage it, but under controlled and cautions guidance.

Robert May

U.S. lobby group defends Alberta's oil sands

As climate change fight heats up, American Petroleum Institute argues that benefits of development will flow to both sides of border

SHAWN MCCARTHY

OTTAWA From Saturday's Globe and Mail

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GLOBAL ENERGY REPORTER

The U.S. petroleum industry is touting the development of Canada's oil sands as a boon for the American economy and the source of some 343,000 jobs south of the border, as it battles climate change legislation that could hammer crude imports from Alberta.

The American Petroleum Institute, which represents oil sands heavyweights like Exxon Mobil Corp. and Royal Dutch Shell PLC, has long argued the oil sands represents a secure source of oil for the United States.

Now it is making the economic argument that the Alberta development represents one of the largest construction projects in North America - requiring $379-billion (U.S.) in investment over the next 14 years - with benefits flowing on both sides of the border.

"Clearly, Canadian oil sands development is a win-win for both Canada and the United States," said Jack Gerard, the institute's president.

The Washington-based lobby group commissioned a report about the effects of oil sands expansion in the U.S. from the Calgary Energy Research Institute (CERI), a non-profit research body that receives financial support from the Canadian-based oil industry and several provincial and federal governments.

CERI projects oil sands production should climb from 1.2 million barrels per day currently to about four million barrels a day by 2020. Between now and 2025, the industry is expected to invest between $20-billion and $30-billion annually to build the additional capacity, it states.

While most of that money will be spent in Alberta and other provinces, particularly Ontario, the report says U.S. companies would benefit from higher overall economic activity in Canada, as well as direct purchases of capital equipment and financial services from the Alberta-based oil companies.

It forecast the oil sands development would add $40-billion to the U.S. economy by 2020.

"The oil sands reserves play an increasingly important role in the economic development of Alberta, Canada and the United States," the CERI report states. "What is often not clearly understood is that the large investment in the oil sands industry contributes to increased economic activity in the rest of North America by stimulating demand for goods and services across a wide range of industries."

It says oil sands projects, which include the largest surface mines in the world, have equipment needs to match. Companies buy steel products from Alberta, Ontario and the U.S., as well as trucks, shovels, hopper cars, conveyor equipment, pumping equipment and some boilers and chemicals. The CERI study does not include the economic spinoffs from investments in new pipelines and refinery upgrades that will be needed to bring the increasing supplies of Canadian crude to U.S. markets.

The U.S. oil industry is fighting to ensure that climate change legislation now before Congress does not impose undue burdens on Canadian oil imports, either through mandates for low-carbon fuels or through emission caps that penalize refiners who process bitumen from the oil sands.

Canadian companies are also battling to head off overly onerous emission regulations in Canada, which, they say, could stifle growth in a key engine of the domestic economy. Critics argue that governments should force the oil sands companies to cover the full cost of production, including the elimination of greenhouse gas emissions that contribute to climate change.

"What good is an economic boom if it drives you over a cliff?" said Rick Smith, executive director of Environmental Defence, a Toronto-based environmental group.

"By so thoroughly hitching Canada's economic wagon to the tar sands, we are missing out on the bigger, longer term economic boom, which is the new green economy. And we're going to end up being the peddlers of a product that nobody wants 20 years from now."

Premier Danielle Smith? A very real possibility

The Wild Rose Alliance is a relatively new political party in Alberta. They have however gained great momentum in recent weeks and have just elected a new leader. While the next provincial election is a ways off in the future, the party is doing very well and is poised to actually win some seats and make large inroads.

Danielle Smith voted new leader of Alberta's Wildrose Alliance Party

EDMONTON — The face of conservative Alberta politics changed Saturday when Danielle Smith, a former business leader and journalist, was overwhelmingly voted the new leader of the surging Wildrose Alliance Party.

To the cheers of 400 supporters in a south-side Edmonton hotel ballroom, Smith took to the stage and threw down the gauntlet on Premier Ed Stelmach's Tory government.

"We see in these waning years of the Progressive Conservative era how badly leaders and caucuses behave when they are beyond any requirement to account regularly for their decisions," Smith said to the cheers of the crowd.

"Ed Stelmach, you haven't begun to imagine what's about to hit you!"

She took aim at a government facing billions of dollars in budget deficits, accusations of breaking faith with business by changing the oil royalty scheme and mismanaging health-care delivery, while delivering to itself extravagant perks and pay packages.

"We're going to give Albertans back their province and we're going to give them back their pride," said Smith.

"My number 1 job is to turn Alberta back into a real democracy once again."

Smith took three out of every four votes from her opponent, Mark Dyrholm.

Of 8,297 votes cast, Smith took 6,295 to 1,905 for Dyrholm. There were 97 spoiled ballots.

Smith, 38, said the party plans to hold policy roundtables through the new year while also building up candidates at the constituency level.

Stelmach doesn't have to call another election for at least two years.

"We must be ready to govern," Smith told the crowd. "Albertans don't vote for oppositions. They elect governments - always."

Dyrholm, a 38-year-old chiropractor, said he conceded defeat in the counting room even before the final ballots were tallied.

On stage, with his wife Kamala battling back tears nearby, Dyrholm encouraged party members from both camps to make the decision unanimous and to work with Smith.

"Once we knew the outcome, I felt it was important we be fully united behind Danielle," Dyrholm said later.

When asked what went wrong with his campaign, he said, "To speculate right now in the moment of losing doesn't strike me as a smart thing to do."

The party said it sold more than 11,600 memberships, a membership being required to cast a vote.

Smith is now hoping to build on the momentum of popularity that began last month when former leader Paul Hinman won the riding of Calgary-Glenmore in a byelection.

It was a seat that the governing Tories had held for 37 years. It renewed speculation on whether Stelmach could lead the party through the current economic crisis that has the province grappling with a record $7-billion deficit.

It's the party's only seat in the 83-seat legislature, compared with 70 for Tories. But recent polls have put Wildrose second to the Tories and suggests Stelmach's personal popularity is in free fall.

Stelmach himself has felt the knife-edge of criticism from high-profile members of the Tory old guard. In recent weeks, they criticized his handling of the economy and said a surging Wildrose may be a comfortable new home for unhappy Tories.

Last week, the premier went on TV in a provincewide address to ask teachers and nurses and other public sector employees to voluntarily freeze their wages to help solve the crisis.

A day later, he announced he and his cabinet colleagues were cutting part of their perk packages, reigniting the criticism hurled their way a year ago when they voted themselves a 30 to 34 per cent salary hike after winning the general election.

They have also been stung by media reports that members of Stelmach's inner circle received five-figure bonuses on top of six-figure salaries last year.

Stelmach faces a mandatory secret-ballot leadership review in three weeks, the same process that kick-started the in-house race that made him premier three years ago.

His predecessor, Ralph Klein, was handed a tepid 55 per cent approval rating in the same vote process and decided to retire. Klein said recently that Stelmach needs at least 70 per cent to continue as leader.

Smith won after a hard-fought, at times divisive campaign for the party that espouses grass roots involvement, property rights, lower taxes and less government.

Both Smith and Dyrholm are staunch fiscal conservatives from Calgary and disaffected members of the provincial Tories.

The difference was that Smith was viewed as more socially libertarian than Dyrholm, whose campaign received the high-profile backing of activist church groups such as Concerned Christians Canada and Equipping Christians for the Public Square.

Commentators and political scientists labelled Smith a big-tent moderate, who could appeal to a wider range of conservative voters and capitalize on the victory in Calgary-Glenmore.

Dyrholm, they said, would marginalize the party as a narrow and intolerant far-right protest group. He dismissed that criticism during the campaign, saying he is not out to impose his values on anyone.

Hinman, however, imposed his own views on the issue, saying earlier this month: "One candidate is focusing on a narrow base to win a nomination, and the other understands the big picture and wants to attract all Albertans."

On Saturday, Hinman urged members to unite as Danielle prepares to enter the lions' den, starting with a news conference in Calgary on Monday.

"The question is how are we going to play the game? Are we going to stay focused on the job or are we going to get sidetracked and fight over little things that are not important? There's a lot of work to do."

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Copyright © 2009 The Canadian Press

Lethbridge Open House

Lethbridge Open House

Lethbridge real estate, mortgage, and open house info. Stop by this property and talk about Lethbridge real estate, mortgage financing options, or about real estate investment options. I am glad to talk about what is going on in Lethbridge with anyone who finds it as interesting as myself. Come check this home out and lets meet face to face.

Open House

Saturday October 17th, 2-4pm

2509 18 ST North LETHBRIDGE

Lethbridge Open House

2509 18 ST North LETHBRIDGE

Come check out this open house, this is a great family home in an excellent location. The home features a large fenced and treed backyard for the kids, 2 car parking off the rear lane for dad, a freshly renovated kitchen, living room, and dining room with sliding doors out to the deck for mom. Upstairs, the master bedroom has a full 3 piece ensuite, 2 more bedrooms for the kids, and a renovated main bath.

The 2 lower levels feature a large playroom for the kids, laundry area, storage area, a rec room, and a 4th room which can be used as a bedroom or office, plus a brand new 3 piece bath too.

This great family home is in move in condition and ready for a new family. It is located at the very end of a cul-de-sac and so the street is free from traffic and safe for the kids. This nice and quiet location yet close to shopping and tranportation and is great for those who want peace and security and know the value of location location location.

BONUS: stop by my open house and enter your name into my draw for tickets to the sold out Brooks & Dunn concert!