Sue's Blog

Monday, October 30, 2006

Jet Fuel - Gasoline - low-sulpher deisel - refining byproducts for Placentia Bay

Great news for the Oil and Gas Sector
but weak on Fish and Renewable Energy

Sue's Blog believes there will be great news for the Come by Chance area very soon. We have been watching the "potential refinery" going through its paces.
Planning in 2007
Building in 2008
Refining in 2011
The markets are staying up and refining capacity in North America remains low - so despite the Irving expansion in New Brunswick - the Eastern Region should get this processing facility.

With numbers like 3000 people employed to build the facility and 750 to operate it - we should be able to bring more Newfoundlanders and Labradorians home.

This development will be great news for the area - now let's see if they past the Canadian environmental process.
This 4 BILLION dollar plant is a step in the right direction - now we need some attention in Port au Port - Labrador - and the Northern Peninsula.

If we use our energy from the Lower Churchill - in this province - we can see the rebirth of our Province and our future.

Of course all of it rests ultimately on what the Premier does with the fishery - and whether he has the courage to take on the feds to preserve and grow this back-bone industry.

The problem is our Premier and his buds are really hung-up on oil and gas but - sadly - disinterested in everything else.

We also have to be ever weary of "individuals" making a killing under this government.

Here's the latest story from the Sunday Business Post

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