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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: westslope who wrote (19112)	5/3/2012 5:24:17 PM
From: axial	1 Recommendation Read Replies (1) \| Respond to 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

To: westslope who wrote (19112)	5/3/2012 11:34:10 PM
From: teevee	Read Replies (2) \| Respond to of 24928

Neither BC or Alberta provinces along with all interested parties against the NGP have a say in this matter, as interprovincial pipelines are Federal jurisdiction and final approval is up to the Federal Gov't caucus. Historically, to overcome opposition to the TransCanada pipeline, prime minister Diefenbaker had to use an Act of Parliament, legislating approval; to sweep aside an environmental review and all First Nations issues, prime minister Trudeau used an Order in Council to approve the Yukon segment of the Alaska pipeline, citing it to be of strategic national economic importance. Although not yet built, those approvals are still valid to this day. Given the controversial nature of pipelines in the past, the NGT is proving to not be any different, and neither will be the approval and construction of this important piece of economic infrastructure.