Many citizens — although not In-Sights readers — will be shocked to learn that credits owed natural gas producers soared by more than $1 billion from April to November 2018. That increase is two and a half times more than the total gas royalties received by government in the three fiscal years ended March 2018. The $3.2 billion balance owed to producers ensures that royalty revenues will remain at paltry levels throughout the Horgan Government’s present term.

My graphic illustrations of the decline in BC’s natural gas revenues – despite 2013 election promises of up to $100 billion in revenues related to LNG – should be read in conjunction with […]