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

To: kidl who wrote (21200)	3/8/2013 7:25:07 PM
From: westslope	Respond to of 24928

kidl: I'm not sure how a refinery can be viewed as a 'huge windfall'...... Refineries are messy, dangerous affairs that can haemorrhage capital for decades and decades. The refinery proposed by Black will earn some new support for 'dil-bit in northern BC' but is unlikely to be a game changer. That dil-bit would still cross numerous wilderness salmon and steelhead streams, some of them in the fabled Skeena River watershed. Christy Clark took a well intentioned but dead wrong op-ed from the Financial Post and tried to co-opt issue by making BC participation conditional on a greater share of the pie. It is incredibly wrong-headed and naive. It has done nothing except generate considerable cynicism and may be the finishing blow to her brief career as provincial premier. Those who oppose the NGP see the potential for environmental destruction as so great, no amount of money could compensate the risk. Moreover, the province has always catered to special interests at the expense of the collective: anglers, softwood lumber, pulp & paper, farmers. Why this new found concern for the social return? To sell the dil-bit carrying NGP, one needs to explain how piped dil-bit can be effectively risk-managed with acceptable but low probability risks of modest spills.