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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: LoneClone who wrote (152335)6/7/2011 2:31:57 PM
From: a.handbag.  Respond to of 206168
 
Agree. And it's not just the pipeline through the mountains but the tanker traffic on a wild coast, one of the last temperate and unspoiled on the planet. For those that are not familiar with the geography, between Victoria at the southern tip of Vancouver Island and Prince Rupert near the Alaskan border there are no towns, no roads, just rainforest.



To: LoneClone who wrote (152335)6/7/2011 2:42:01 PM
From: Tommy Moore2 Recommendations  Respond to of 206168
 
We do have the KM pipeline delivering oil to Vancouver.... that part of the flow that goes on tankers usually turns left coming out of Juan de Fuca and ends up in California.Like to see that changed so more of it crosses the Pacific. California doesn't want this dirty product anyways. Would put some bite in the rhetoric.



To: LoneClone who wrote (152335)6/7/2011 3:16:20 PM
From: raybiese1 Recommendation  Respond to of 206168
 
public opinion in BC is currently about 75% opposed or strongly opposed
Lone: Am familiar with BC attitudes. IMHO, it is more of a "Not worth it. All the mess and none of the benefits." opposition issue. This will get worked out in the long approvals process.
Kitimat LNG: Note where Horn River & Montney are located.
IMHO it is not a fringe 'clean NG/dirty crude' issue.
Agree with you that Van harbour/Burnaby is a no-go as a shipping point. There are more palatable options.
I see no big LT upside coming in the bitumen/heavy/light spread (other than Keystone) nor WTI/World spread. US product consumption more or less flat going forward and growing sands supply at captive depressed price spreads during the approvals process. Not a slam dunk but very probable.
Guess we'll both see in a few years.
Ray