Terasen Gas...One Man's Opinion
By Ben Meisner
Friday, June 10, 2005 03:45 AM
I was always under the impression the people owned the resources of the province, you know that thing about, the “crown resources being for the benefit of all”. Well come July 1st, (and it will be rubber stamped by the British Columbia Utilities Commission) we will see the price to heat your home go up by about 5.6 %. Why?
Well the USA is expecting a hot summer so there is an anticipated demand for natural gas to run those millions of air conditioners. Did I say USA? Isn’t natural gas supposed to be ours? Should we not receive a special price and then any used for export would carry a special levy not unlike the lumber tariffs to cross into the USA?
We pay what it costs coming out of the ground along with a reasonable profit and then suddenly we don’t pay the fire sale prices that we have been. $72 bucks a year may not be the end, but we are being "$72 dollared" to death. What if it’s a cold winter in the central part of BC this year? Will the Americans take it on the chin and give us our gas cheaper? Don’t hold your breath. We live in a climate that is far more severe than in the southern states where the bulk of the North American population lives and we are being penalized for using our own "supposed" resource.
Slap a tariff on natural gas at the border. If you want to keep our money for lumber, we get to keep your money for a tariff on natural gas, but then that would take some jam on the part of government and we don’t want to exhibit it.
Want a reason Mr. Premier or Mr. Prime Minister? Well it’s cold up here in the winter and we have to try and extract that natural gas in spite of those conditions. That in effect means we are subsidizing every industry, every home owner in the USA. Those folks south of the 49th are always asking us, "How can you ever live in that cold climate? “ Well without us doing just that, there is no natural gas. So you pay the tariff and the tariff goes to offset what is a case of Canadians subsidizing the USA with our natural resources. Give us back that money and reduce our heating costs.
There also is the matter of us folks in P.G. Terasen brags about being a world wide company but it borrowed a bunch of money from us. The city says that cash is now coming back in even larger amounts than they thought. Well if you need some more to give to the city, simply show up at the BCUC and plead the fact you’re not making any money, and shazam, here comes an price increase. Taxation in a round about way? You betcha! Bear in mind of course that we are still paying off that $600 grand the city dropped to sell you on the idea of loaning Terasen the money and another little pail full to Kelowna for using ”their idea “.
So come July 1st, when your gas bill goes up some more because someone south of the 49th needs to beat the heat,
just remember the people of British Columbia own the resources, don’t we?
That is one man's opinion.
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This exercise on the natural gas issue is one that preps you for how you will be dealing with BC HYdro electricity costs.
Instead of keeping rates tolerable and spending on the infrastuture, the idealization, had to be changed? To letting other businesses run the crown corporation.
So instead of having to say it was sold, they know full well that it has been broken up and run by other businesses.
Yet we still own it?
Any energy production that is sold back to the grid should go to benefit the citizens of British Columbia, and not force the citizens to compete for this on the american market.
That's where they will put this extra energy up for sale. Competitively, we will have to pay the same rate someday.
So now look at how you are being charged for your natural gas. Fools, and any who supported the Terasen gas deal, were profiteers as much as the Two tier system of healthcare is motivated.
Capitalists who will "steal the canadian soul" in order to profit.