All things energy in Saskatchewan Budget 2025
Pipeline Online combed through the budget so you don’t have to.
The biggest item for oil and gas is a new program meant to re-invigorate old, low producing wells by doing re-entries and drilling new legs on them of at least 500 metres. It will be interesting to see what the adoption of this program will be. I sure didn’t see it coming.
The story also does some digging into the goal of 600,000 or even 1 million barrels of oil production per day, and what the budget forecasts, which is essentially flat until 2029. There’s a big discrepancy there. Guess I better get back to working on my Reaching for a Million series and pump the ministry full of ideas before the next budget cycle.
On Friday I will publish the NDP response.
Sounds similar to the proposal in Alberta. Apparently the UCP wants to work on the mountain of well abandonments by allowing them to be produced again to some degree to offset abandonment costs.
Of course, ultimately backstopped by taxpayer funds…
I’m still waiting for Brian’s basic accountancy that describes the $cost$ … per barrel of oil … in Canadian carbon taxes. How many tonnes of planet killing [sic] Co2 are contained in that barrel of oil? Please proved the calculation of Canadian carbon taxes per barrel of oil.
Trump’s 10% tariff on Canadian oil is $70.00(0.10) =$7.00. Trump just added $7.00
How much does YOUR OWN GOVERNMENT add to a barrel of oil?
I’m waiting … dum dum de dum dum dum …
OK Brian … I’ll do the math FOR YOU …
$80.00/tonne Co2 x 0.317 tonne of Co2 per barrel of oil = $25.36 Canadian carbon taxes per barrel of oil. And it appears as though certain Provinces have additional carbon taxes on top of the Federal tax.
So yeah … Trump is increasing the cost of a barrel of oil by $7.00 … but your government taxes it to the tune of at least 4x that amount. So you run around waving your arms about Trump’s tariffs! Trump’s tariffs!!! Aiiieeeeeeee!! … but you remain silent about the nonsensical costs your OWN DAMN Nation adds to a barrel of oil.
Geeze … no wonder you are on board with global warming and believe that Co2 is a dangerous pollutant. No wonder you shill for “carbon capture” plants. I guess you need to cap and trade all that awful Co2 somewhere … and get $PAID$ to offset all those carbon taxes … somehow, eh?
And you call yourself a Trade Representative for the oil patch!? You sound more like a leftist political PLANT on this conservative blog. Spreading Global warming LOVE and Trump HATE.
Oh, Kenji. I love you so much.
I know, I know … I didn’t even use the reported $160.00/tonne reported “hidden” carbon tax now that your illegitimate, unelected, PM has promised to cancel the “consumer” carbon tax.