Table 1: Oilsands and offshore / heavy oil projects

This table outlines comparative royalty regimes, developed by Pedro Van Meurs, a royalty expert retained by the Royalty Review Panel.

This table specifically shows jurisdictions with heavy oil for comparison with the tarsands. Currently Alberta’s revenue share is 47%. The panel recommends Alberta increase its share to 64%. That would keep Alberta in the bottom half of these jurisdictions.

Source: Cambridge Energy Research Associates, as referenced in Mark Nelson, Chevron president, in his presentation to the Review Panel, 2007.

Table 2: Changes in royalty rates

This table is a sampling of countries that have changed their royalty rates for oil and gas from 2002 to 2006. China, Algeria, Venezuela and Libya are above the 90% take. Alberta, by comparison, currently sits in the range of 47%to 58%. The panel recommends changing Alberta's royalty ta range of 49% to 64%.

Source: The Parkland Institute's report: Selling Albertans Short: Alberta's Royalty Review Panel fails the public interest, by Diana Gibson, released October 17, 2007