This article is taken from the Edmonton Journal.
Nine months after Alberta’s Tory government unveiled its new oil and gas royalty regime, industry execs are still fuming.
In a province where the powerful energy sector has for decades enjoyed a cosy relationship with the ruling Tories, the move by Alberta Premier Ed Stelmach to hike royalties in 2009 marked a major turning point.
For many who work in Alberta’s dominant industry — particularly the influential, well-connected execs who toil in the office towers of downtown Calgary — Stelmach’s move was simply unfathomable.
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