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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: BigBull who wrote (65027)4/20/2000 12:31:00 AM
From: Pete Young  Read Replies (1) of 95453
 
Speaking of NG...read this newsrelease on AEC...which led me to the story of Wiebo Ludwig and Richard Boonstra and the Canadian NG industry. Seems that there's a bit of a conflict shaping up with the increased exploitation of NG reserves in Canada. Apparently the big problem is sour gas and other emissions from flaring (which appears to have a technical fix that the E&P seem unwilling to apply) that are causing sickness and death around the wellhead. Members of the affected community are engaging in protests and direct action (read; bombing)against the NG fields. Remember that health concerns/environmental damage can be dangerous to your portfolio health. I'd avoid investing in AEC and the like until they can work this out to everyone's satisfaction. Here's the link: rmec.org
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