When Alison Redford was forced to admit last month that her province was running short of cash due to low oil prices, it was frightening for Alberta and worrisome for the entire nation. For the past decade, Canada has thrived on the good fortunes of the oil and gas industry, but those times, Redford made clear, are coming to an end. "Because of the rapidly growing levels of oil production in the United States and the fact that we've virtually nowhere else to sell our oil than the U.S. market, Alberta is getting just over $50 a barrel for our oil," Redford said. "This bitumen bubble means that the Alberta government will collect about $6 billion less in revenue this year alone. To put that in context, that's equivalent to all of our government spending on education each year."