Posted AT 10:04 PM EST on 20/06/08
Canada's oil wealth strategy questioned
CALGARY — The amounts are staggering.
The money that the oil and gas industry is pulling into Alberta this year alone could work out to about $50,000 per capita, thanks to soaring commodity prices.
Canada is already the world's eighth largest exporter of oil, and the third largest exporter of natural gas – an enviable position when prices are skyrocketing and widely expected to stay high.
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