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Non-renewable resource revenue forecasting : facts and stats

Description

Forecasting non-renewable resource revenue from sources like oil and natural gas is determined primarily by three factors: price, production and the applicable royalties. Alberta Energy is... More ≫

Description

Forecasting non-renewable resource revenue from sources like oil and natural gas is determined primarily by three factors: price, production and the applicable royalties. Alberta Energy is responsible for forecasting non-renewable resource revenue including oil, natural gas, oil sands, as well as coal royalties, mineral taxes and mineral rights sales and rentals. These forecasts are intended to be a realistic prediction of what government year-end revenues will be.

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