Sue's Blog

Wednesday, February 07, 2007

Big Oil - and their approval of Danny's Hydro Plan

BIG OIL BIG OIL BIG OIL BIG OIL BIG OIL

I am not one that is easily "con"vinced that Danny's fight with "big oil" is genuine and is without the express approval of "big oil".

Some people call that a conspiracy theory - others who have lived the damage that "big boys" can make when trying to promote their own agenda (who knows what it is other than more money) - would call the cynicism wise.

I will not take my eye off the ball - and that very bouncy sphere is "gas". I believe and have always done that Danny Williams and Dean MacDonald have a keen interest in natural gas. How they will ultimately fit into that sector - is yet to be known - but I can say my thoughts on this were solidified with the anxiety of the Premier to get Andy Wells in the top spot on the CNLOPB - and most recently the possibility that the gas royalty regime may be seperated from the energy plan for an earlier announcement. And then there is the LNG project getting the big ok by the government. (still watching that one)Oh yeah - Ed Martin - from "big oil" as the CEO of NLH.

Andy - was the mouth of FOGO (friends of gas onshore) several years back and that somewhat "odd" campaign had backers which are in our midst right now. Now gas onshore was never really explained - but one might assume that natural gas might be used to fire up Holyrood and other new sources of power in the coming decades. Now this initiative would have private backers - like let's say cable guru's (branching out) and would not be owned or developed by the people through Newfoundland and Labrador Hydro - instead it would be fed to the grid - we would pay for it and those "investors" would make a killing from it.

I do think if natural gas projects can be agreed to by "big oil" and the right investor group can get the gas onshore - the oil projects would not be held up very long. There would be a miraculous meeting of the "big oil" "big Premier" best minds in Newfoundland and Labrador - and a deal or deals would be struck.

What are the Premier's plans when he leaves office? What were and are his interests - some of which still held in blind trust?

More than anything these questions are for the "record". This discussion is for the "record".

I agree with leaving it in the ground until reasonable terms are reached for the people of this province. I don't however believe that the Premier and I are on the same mission.

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Okay so we know who they are - not Danny's gang - right?

They write exactly the Premier's message:

If approved, the dams at Muskrat Falls and Gull Island would produce 2,800 megawatts of electricity, enough to supply about 1.5 million homes.


Where were those homes again? Labrador?
How much industry would that power?

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