and by Khalo i meant Kahlo. sorry...can't type today

Which Frida Khalo style are you dressing up as Alison? Revlutionary Frida Khalo or tehuana Frida Khalo? (it IS a super cool costume)

Cool costume Alison!

I can go Par.

boo

I can't. two weekends in a row I'm missing out on Darjeeling Limited. grr.
I hope you all enjoy it.

I could go Sunday matinee, but nothing else, really. and I'm a little concerned no one is going to 'get' my Frida Kahlo costume tonight.

possibly...depends on the getting home from work/tiredness ratio. Give us a call though.

So... anyone want to see Darjeeling Limited tonight at the Princess? 9:10?

This is going to be a long read, so if you are a mech fan go right ahead:

Star Hornet

Yeah par, disappointing is the word for it. The previews made it seem like it was Criss Angel vs. Uri Geller. It didn't mention a bunch of no-name magicians being judged by Criss Angel and Uri Geller... I call phooey on that!

I think the sliding scale means that:

Prepayout is the time before the rig or facility makes any money. In other words it took X amount of dollars to actually put up the rig. Therefore any profit made from oil or bitumen is used to pay off the facility and rig setup cost. Many oil companies had an agreement with the government which said they didn't need to pay the government anything until they recovered the setup cost. But as we know some oil companies will try to hide profit into these setup and construction cost, or dragout paying back these facility so they can reap the profits. This will insure that Albertans will still get a chunk of the oil money and hopefully make oil companies pay back facility cost sooner. Controversial, yes. Needed, yes.

And the post-payout thing basically explains itself. With their facility cost paid off they should be making pure profit with every barrel of oil they extract. Hence the higher percentage of royalty.

Speaking of provincial politics, the decision on the royalty review has been handed down. What I do know: it's a compromise (because, you know, the review panel were all extremists, so the logical course of action is right down the middle between them and the oil companies.)

What I don't know: what the hell the news release is talking about. Someone care to parse this sentence for me?

A sliding scale will be implemented for oil sands royalty rates ranging from one to nine per cent pre-payout and 25 to 40 per cent post-payout depending on the price of oil.

In response to the panel’s comments on accountability and to the recommendations included in the Auditor General’s 2006-07 annual report, the government will initiate a review of all systems, structures and resources related to the collection and reporting of energy royalties. The project will be led by Former Auditor General Peter Valentine and it will be completed by March 31, 2008.