Alberta, as we all know, has been getting filthy rich on oil and gas royalties. Newfoundland and Labrador will soon lose its "have-not" status thanks to its energy revenue.
And then there's this "we're getting rich, too" press release from B.C. today:

The May 21, 2008 sale of oil and gas rights sets new records with $441 million in bonus bids and higher average per-hectare prices than any previous sale. Yesterday's sale brings the fiscal year-to-date total to more than $480 million and puts B.C. on track to smash the $1.2-billion record set last fiscal, Energy, Mines and Petroleum Resources Minister Richard Neufeld announced today.

Now, these are one-time revenue shots, of course. The real money comes when the oil and/or gas starts flowing and provinces get a piece of every barrel of oil or cubic foot of gas sold. Still, B.C.'s big bonus for selling drilling rights underlines, I think, why, net-net, high energy prices are a positive for Canada. Check out the scorecard for oil and gas drilling rights.