Hedging Alberta Government's Oil and Gas Revenue: Is Acting Like a Farmer a Viable Strategy?
| dc.creator | Hotz, Joffre | |
| dc.creator | Unterschultz, James R. | |
| dc.date | 2017-04-01T19:16:58Z | |
| dc.date.accessioned | 2026-07-09T05:15:19Z | |
| dc.description | The provincial government of Alberta in Canada experiences significant annual revenue variability arising from changes in crude oil and natural gas prices. This research evaluated whether Alberta’s non-renewable revenue risk could be managed using a derivatives hedging program. Results from a historical hedging simulation approach suggested that such a program would not have been the most effective method of managing revenue risk over the period of 1995-96 to 2003-04. Total impacts of hedging would have varied from Can-$8 Billion to Can $6 Billion over this time period. These results suggest the Alberta government explore alternative methods to manage non-renewable resource revenue risk. | |
| dc.identifier | doi:10.22004/ag.econ.91401 | |
| dc.identifier | https://ageconsearch.umn.edu/record/91401/files/sp-09-01.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/91401 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/561153 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/91401 | |
| dc.title | Hedging Alberta Government's Oil and Gas Revenue: Is Acting Like a Farmer a Viable Strategy? | |
| dc.type | Text |