http://www.discusseconomics.com/energy/three-reasons-why-damage-to-albertas-oil-industry-may-be-irreversible/ Join the conversation on a variety of economic and finance discussions. Sun, 05 Feb 2012 11:15:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.discusseconomics.com/energy/three-reasons-why-damage-to-albertas-oil-industry-may-be-irreversible/comment-page-1/#comment-14626 Dwick Wed, 25 Mar 2009 04:43:52 +0000 http://www.discusseconomics.com/?p=479#comment-14626 To add to the problems, the Heritage fund which should be the beneficiary of high oil prices was only protected from inflation. now that's POOR leadership. Look at Alaska and what they did with their legacy fund, it's huge and will eventually pay for personal income tax (or one of those taxes). Not in Alberta, the name of the game is spend in the short term. TERRIBLE leaders. We need an opposition to stop this uncontrollable consumption. To add to the problems, the Heritage fund which should be the beneficiary of high oil prices was only protected from inflation. now that's POOR leadership. Look at Alaska and what they did with their legacy fund, it's huge and will eventually pay for personal income tax (or one of those taxes). Not in Alberta, the name of the game is spend in the short term. TERRIBLE leaders. We need an opposition to stop this uncontrollable consumption.

]]>