Monday, November 13, 2006
Selling the family silver
Oil and Gas Royalties, Corporate Profits, and the Disregarded Public
The world of oil and gas is split between industrialized consumer countries and their oil corporations, and less developed producer countries, many of which are former colonies. Canada is somewhat unique, as a relatively wealthy country in a close relationship of dependency with the United States, which consumes the majority of our production, and whose oil companies dominate our industry.