For our Readers information this article, attached below, is how the Vancouver Sun is presenting the Enbridge Issue. After erroneously presenting the Gitxsan Treaty Society and Office as being true representatives of the Gitxsan Hereditary Chiefs and the Gitxsan People, this article continues the charade of presenting unbiased information.
As we described previously CLICK HERE this type of article is deluding the regular reader. It appears as if the Vancouver Sun is preparing the groundwork for Government intervention when the protesters begin getting shot as they stop the project. Don't forget Gustafsen Lake READ MORE HERE. Readers of the Vancouver Sun may feel the Government is justified after consuming a continuous feed of this type of information.EDMONTON — Oil producers could lose $72 billion over a nine-year-period if a pipeline to carry Alberta bitumen to the West Coast isn’t built, a new report for the Alberta government says as community hearings for the proposed Enbridge Northern Gateway project are about to begin this month in British Columbia.
In a 44-page report submitted before Christmas to the federal government panel reviewing the pipeline project, consultants for Alberta Energy peg potential losses for oil producers in the project at $8 billion every year between 2017 and 2025.
The forecast, drawn up by Houston-based consultant Harold York for the firm Wood Mackenzie, is largely based on the expectation that Alberta oil sells at a higher price on an international market than it does in North America.
“If we can get it offshore, there are a lot more markets available to us which are willing to pay a higher price,” Alberta Energy spokesman Tim Markle said.
The outlook does not deal with the oilsands production boost anticipated as a result of pipeline construction. It also does not deal explicitly with the effects that offshore bitumen sales would have on oil royalties collected by the Alberta government.
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