Natural Gas Up, and So Is Meisner's Dander!
By Ben Meisner
Friday, September 16, 2005 04:00 AM
Have you ever heard when the price of natural gas has gone down in Canada?
We got hit by yet another increase of 13.3 per cent yesterday about $150 to 190 a year to heat your home.
The reason, says the BCUC, is that there has been a heavy demand for our gas south of our 49th. Increased use of natural gas to power turbines to make electrical power for air conditioners was said to be one of the main reasons.
So we bite the bullet in order to buy our own gas coming from supposedly Crown land.
The whole idea doesn’t seem to wash very well.
Does the US then in turn offer us a cheaper rate for the gas because we face a much harsher winter, colder temperatures and we must burn more gas in order to get out there and find more of the stuff for them? Of course not.
Case in point, FT. Nelson where the price just jumped 28%, and if you look around the region you’ll see gas wells everywhere.
There is something wrong with that picture.
Meantime the US lumber coalition is heading to court to try and overturn the NAFTA agreement.
Had we not sold out or Canadian heritage, then perhaps we could say okay folks stuff the NAFTA, you now will pay world prices, but we sold the farm for cheap, very cheap long ago.
I’m Meisner and that is one man’s opinion.
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