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October 28, 2017 1:37 pm

LNG Is A Go In BC All That Remains Is To Carve Up The Pie

Friday, October 11, 2013 @ 3:45 AM
The conference this week in Prince George examining the positives and negatives of LNG will end up on the plus side. The voters of the province gave Christy Clark a mandate to move ahead on the proposed projects and there is an appetite for off shore sales out there.

 

So where does that leave us in the province? The First Nations simply want to see what’s in it for them. They do not see the risks that the Enbridge pipeline proposed and the meeting behind closed doors is designed to shore up the general feeling of agreement for the projects and at what price.

 

We are, in all likelihood, looking at as many as four pipelines making their way down from the gas basin in the northwest part of the province to a Kitimat or Prince Rupert port.

 

The government of   Malaysia has made it pretty clear as to what their position is with a 35 Billion dollar proposal, they, along with Japan and a number of other south east Asian countries, not only see the vast supply in this part of the world as well priced , they view it as a stable supply and that is gaining a lot of ground for Canada.

 

These LNG proposals are a go, a spill of natural gas cannot be compared to a heavy bitumen spill and so that is paving the way for a quick acceptance of the idea by all those involved.

 

I’m Meisner and that’s one man’s opinion.

Comments

Fracking is a concern… but few of the decisions makers in the Lower Mainland are going to car much about that.

I think the biggest thing though is the inflationary cost for the BC consumer in heating our homes… and the long term viability of natural gas as a heating source in BC.

Frack g is a silent poison. Each company refuses to say what chemicals they are using to frack claiming it to be a company secret. They are actually making huge holes under the ground with this chemical reaction…hmmmm wonder why all these sink holes are showing up.

Greed and money, people be damned, the song of the cooperate giants

There are many concerns that come with the process of fracking. One of the biggest concerns is the leakage of poisonous toxins into the groundwater, lakes and rivers and aquifers that supply clean drinking water to people. It is clear that the rush is on for not 1 or 2 LNG projects but 7 in the Northwest basin…. might be good for big economic boom but not so great for cumulative impacts…then again looking ahead and thinking long term or triple bottom line is not the focus of government at any level….boosting the economy ( at any cost ) continues to trump social and environmental concerns.

The ‘biggest thing’ will certainly be the ‘inflationary cost’. Not just of heating our homes, but of everything we buy that we need or want. That is where Mrs. Christy’s government is failing us, and will likely continue to fail us as it almost certainly will refuse to learn from the mistakes made so often in the past.

Inflation will be their undoing, just as it was for WAC Bennett’s government in 1972.

Seems people in office eventually all come to believe their own rhetoric when it comes to promoting endless ‘growth’ and all its assorted so-called advantages.

And no more so when it comes to promoting the idea that inflation is another word for prosperity. It most certainly is NOT.

When it takes root, as it certainly will again if all the LNG projects come to fruition, (or even half of them, or less), divvying up the pie will be the least of our concerns. For no matter how it’s sliced that pie will then never be big enough. Even if we all got an equal slice, (which still seems to be the left-wing dream), we’d still all go away from the table hungry.

Doesn’t have to be that way, but so far there’s still no push to change.

Fracturing and sinkholes that is a new one. You do realize Fracturing adds fluid to the ground and that is thousands of feet down. Fracturing has been going on for decades, nothing new.

There is a long way to go with these LNG proposals.

Every Country in the world is getting on the band wagon. The prices are high is some areas because of a shortage of gas, however as more gas comes on line, the price will fall.

As I stated before we need to export more offshore because the USA is decreasing the amount of LNG that they import.

Our biggest competitors have been in the business for years, and I doubt if they are going to roll over and give us the market.

Socredible and others arguing about inflation pressures are out to lunch. Give it up. Using that line of logic, we shouldn’t export anything. No wheat exports = cheap bread, etc. Its a bogus argument.

“The First Nations simply want to see what’s in it for them”

Don’t many natives demand their way and not care about the rest of the people living around them?

No, it is not a bogus argument, dow7500. Many of us were around when we got a rapid increase in inflation largely as a result of the mega-projects of the 1960’s, when we were busily developing hydro-electric power on two major river systems, and industrialising the Province to take advantage of all the coming cheap electric power.

So long as all this growth was going full tilt the effects didn’t seem too pernicious to most of us at the time. But when the dams were completed, the transmission lines all strung, the new pulp mills, and sawmills, and mines and concentrators, etc., all built and up and running, the continual flow of their ‘costs’, ones that had been expensed into the future, plus the rise in ‘costs’ their original overall distribution as increased ‘incomes’ ensured, very quickly outpaced the flow of current ‘incomes’ still available in total as these projects wound down.

We lost the best Premier and government we’ve ever had, before, or since, as a result. It need not have been, then, had they remembered the principles of the name they carried on business under ~ Social Credit.

But they didn’t. They didn’t feel any need to remember them when all the growth was going on apace and anyone who wanted a job could have one. And by the time it was ending, they’d long forgotten what they should’ve learned. What would have saved them, and us, from what followed.

By then they were too certain that what seemed for so long as endless prosperity would never end, when it already had.

I’m not against the export of LNG, or wheat, or any other commodity we have in abundant surplus. But surely we should be smart enough not to make the same mistakes we made with inflation, especially as the 1960’s boom times came to a close, and the pressure for higher incomes to ‘catch-up’ couldn’t be met in the early 1970’s? Those incomes did rise, but we never did ‘catch-up’, because the costs flowing through into prices always rose faster.

This isn’t the 60’s. There is a very different labor dynamic., As well, inflation is a country wide phenomenon, not regional since labor is mobile. Wage inflation is the largest component of inflation. The inflation of the early 70’s was not caused by BC mega projects. It was global, not regional.

So for my own clarification, what in your opinion is your course of action? Build, don’t build, consume, export, don’t export. You speak in large generalities I struggle to follow, help me out.

If mega projects where the cause of inflation, shouldn’t Alberta be in hyperinflation by now?

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