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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: westslope who wrote (19112)	5/3/2012 5:24:17 PM
From: axial	1 Recommendation Read Replies (1) of 24928

" For the record, I still support the NGP even if the courtship has been a tad rough." If the NGP was the only possible alternative, so would I. But for decades, we've left eastern Canada swinging in the wind. With a transnational pipeline, in 50 years all of Canada can be assured a reliable supply of energy with the industry and employment that accompanies it. It will be a unifying influence, just like railways. And since oil trades (more or less) at a world price, Alberta will still be assured of its income. As far as exports are concerned, what will matter in 50 years is availability, period. Shipping costs, as a percentage of total costs will be a non-issue. Meanwhile, the reasonable objections of BC residents will be answered. There's a proposal out there. Its biggest opponents are the short-term plans and gains of players who bet on north-south flows, and whose Plan B was "Westward ho!" Plan C has great merit. Jim

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