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Gold/Mining/Energy : Canadian Oil & Gas Companies
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To: axial who wrote (20284)12/12/2012 1:36:14 AM
From: axial4 Recommendations  Read Replies (2) of 24928
 
Natural resources minister tours refinery, touts west-east pipeline

' "If we do not take heed of warnings and diversify our markets for energy by building infrastructure like pipelines, then our resources will be stranded and we will lose jobs and businesses in Canada," Oliver told the Saint John Board of Trade.

"We are losing some $50 million every single day, $18 billion to $19 billion every year because our resources are landlocked," he said. "So we have to connect our pipeline infrastructure to our ports on the East and West coasts."

[...]...there has been growing support among some premiers to extend that flow further east. Last month, Premier Alison Redford of Alberta and Quebec Premier Pauline Marois agreed to set up working groups to examine the economic benefits and environmental risks of pumping Albertan crude through Quebec.

The idea has also received the backing of the premiers of Nova Scotia, Prince Edward Island and Manitoba. And this past weekend, former premier Frank McKenna wrote an opinion piece for newspapers in New Brunswick also expressing his support.

The boosterism is somewhat at odds with the clash over the Northern Gateway project being proposed for Alberta and British Columbia, where the premiers in those provinces have sparred over concerns involving the environment and economic benefit.'

atlantic.ctvnews.ca

Jim
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