Christy Clark, Running Scared

Well, not that I trust pollsters but rumours abound, Christy Clark is not polling well in Westside Kelowna..

The public, even Alberta/Kelowna rednecks don`t like a candidate parachuted into their riding, even if that candidate is the leader of the party, the NDP are not popular in Kelowna and voters aren`t flocking to that party, or the BC Conservative party, what is happening is BC Liberal voters, those who elected Ben Stewart are simply staying home...In an obvious desperate move, in a blatant electioneering tactic Christy Clark has temporarily rescinded the pay hikes to political staffers...

(breaking)________________


“Today, I am rescinding those changes because leadership means listening to people,” she told reporters Wednesday, adding she has been getting an earful from the public since the move.

“I think giving people raises didn’t sit well with citizens,” she added.
“People didn’t feel like it was consistent with what I said during the election. So that’s why I’m fixing it.”

Read more: http://www.vancouversun.com/Christy+Clark+cancels+raises+political+insiders/8549088/story.html#ixzz2Wh9yC600

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Let`s review the facts, the public, the public even in Kelowna is questioning as to why nothing is happening on the LNG front, David Black`s refinery scheme has vanished too, wheelchair fees for seniors is hammering her election chances in Kelowna, not only wheelchair fees but the fact she gave away(read privatized) wheelchair maintenance, and all new residents to homecare facilities, as of September 1/2013 will have to either buy or rent wheelchairs from the same private company, in other words all wheelchair aspects of senior care-homes has been privatized to political insiders...

This hurts Christy Clark in Kelowna, however, the Christy Clark Government signed contracts and can`t easily get out of them, it would be costly..

 

That left Christy Clark desperate, so today in a survival move tactic she announced the pay raises to political insiders rescinded..

You see the quotes from Clark above, we have a BC Liberal Government who campaigned on balanced budgets, this year`s balanced budget depends on selling near $1 billion dollars in assets....It didn`t take a rocket scientist to realize pay raises to political hacks wouldn`t fly in British Columbia, not while simultaneously jacking up seniors for new fees.......

I want to be perfectly clear about a couple of things, these rescinded pay raises to political staffers has merely been delayed until the new year, until the by-election has passed..

Secondly, many have wondered and or mused as to why Christy Clark gave out pay raises to political friends and jacked up seniors for monies so soon after the election...That answer is simple..

Christy Clark is very vindictive, Clark was absolutely twisted that her party won big while she lost in her Point Grey riding, against advice Clark pushed the raises through, she fast-tracked the privatization of wheelchair services at senior care-homes as a slap to the people, she has mocked media, Clark has been sassy and brazen with her post-election speak, Christy Clark did those unpopular things as a slap to everyone in British Columbia, it`s sortta like a ..

How dare you cross me, how dare you cross Christy Clark, I`ll fix you stupid voters...Attitude being portrayed by Clark..

Christy Clark was that way at S-F-U....When confronted for cheating on student elections she vowed to get even then quit,...

 

 http://www.robbinssceresearch.com/polls/poll_781.html

When this Powell River Persuader filed complaints to the Canadian Broadcast Standards Council(CBSC) against Christy Clark for lying on CKNW(when she was a radio host) ..Christy lied her face off about BC Ferries`s financial situation, I confronted her on this blog and on the radio that fateful day, I won my complaint and Christy Clark was ordered to retract on air, she was forced to do a mea-culpa on air and apologize for lying...That story is here..

http://powellriverpersuader.blogspot.ca/2013/04/christy-clark-lies-on-cknw-radio-forced.html

Months later, Christy Clark was still a radio DJ on CKNW, radio stations often have prize giveaway contests, well, we were nearing the start of the 2010 Olympic Winter Games being held in Vancouver...CKNW had phone-in contests, so months after I made Christy Clark retract, on her afternoon show I was caller number 8 and won a prize, that prize, as advertised before I phoned in was two tickets for opening day at Molson Hockey House...

When I was caller number 8, when Christy Clark learned that I was the winner, she started swearing like a sailor, screaming, yelling and literally freaking out, like a deranged madmad, like a foaming at the mouth rabid dog, she vowed to make sure I never got my Olympic prize, and I never did, she embarrassed cknw, she embarrassed the show, she embarrassed Tom Plasteras(Station manager at CKNW)....After weeks of fighting Christy Clark after my contest win..I received a prize, not Olympic tickets for an opening day event but tickets to see a show at the River Rock casino in May/2010.....That whole story here...

http://powellriverpersuader.blogspot.ca/2010/02/christy-clark-and-cknw-rigged-radio.html

Christy Clark is a vindictive, spiteful nasty woman, she`s uneducated, unbearable and still...

Unelected...The only reason Christy Clark has temporarily rescinded pay raises for her political friends is troubling polling numbers in Kelowna..

 

 

The Straight Goods

Cheers Eyes Wide Open

Christy Clark Goes Down The Rabbit Hole(LNG Fantasty)

The British Columbia advantage when it comes to LNG exports, our unelected gabby premier Christy Clark has been blathering about out B.C advantage, yet everywhere I look, everything I examine tells me we don`t have an advantage we actually have disadvantages..

This fact may be the catalyst for Clark negotiating all potential provincial profits gone, Christy is in panic mode, her entire election campaign was based on selling a gullible public a fantasy about $trillions flowing to our province in the form of LNG dollars, those $trillions are being negotiated down to scant $millions, and the reason is obvious, Clark needs to show the public progress on LNG export facilities being built, knowing nothing will be built or online before the next election her immediate goal is to con the public that all is well, that carries the sham through the next election and after that, after no big profits accrue she won`t care, her exit strategy will be plotted and torch be passed on to a new false prophet...

I was doing a little globe research and lo n behold I discovered that the LNG facilities in Australia, which are concentrated on or near the Barrow Islands are near 1000 nautical miles closer to Shanghai than is Prince Rupert, a 1000 nautical miles closer to South Korea and about 800 nautical miles closer to Japan...

With modern LNG tankers traveling about 19 knots per hour(in good sea conditions) means Australia shipping is 2 days closer than British Columbia, and considering vessels must come and go, the round trip is 4 days closer, therein Australia LNG can be shipped cheaper, 4 days plus of vessels fuel burning costs as well as staffing costs....

Prince Rupert to Shanghai.4500 Nautical Miles, Barrow Islands Australia to Shanghai, 3600 Nautical Miles...Now, as for China itself, China neighbor on the east is Russia, Russia has gobs of gas and there is existing pipeline networks into eastern China, including a massive natural gas pipeline from Kazakhstan into China, a pipeline with several spur lines with the capacity to service 500 million Chinese, in other words the eastern China market is satisfied, China will not build infrastructure from Western China(Shanghai) to the east, too costly and the market already served, so we are talking Shanghai as a import terminal when it comes to Australian LNG, and or B.C exported LNG...

___________

 Line A was completed in 28 months and inaugurated in December 2009. Line B became operational in October 2010. The fourth compressor station in Kazakhstan was completed in December 2010. The total cost of the project is estimated at $7.31bn.

 The China National Petroleum Corporation (CNPC) began construction of the pipeline in August 2007. CNPC Exploration and Development Company, a subsidiary of CNPC, executed the project.

The pipeline transported 4.38 billion cubic metres (bcm) of natural gas from fields in Turkmenistan, Uzbekistan and Kazakhstan to China's gas transportation network in 2010. 

In April 2006, CNPC signed a contract with Turkmenistan for supplying natural gas to China for 30 years.

China and Uzbekistan signed an agreement in June 2010, under which Uzbekistan will provide 10bcm of natural gas a year to China. As part of the agreement, Uzbekistan's gas pipeline network was connected to the Central Asia-China gas pipeline to supply natural gas.

Natural gas from Turkmen fields, such as the Samandepe gas field located near the Amu Darya River, is being fed to the pipeline. Fields in Kazakhstan, including Karachaganak, Kashagan and Tengiz, are connected to the pipeline. Gas fields in Uzbekistan also supply natural gas to the pipeline.

The natural gas supplied by the pipeline is expected to meet the growing energy demands of China. It is forecast that by 2012-13, it will have a delivery capacity of 40bcm a year."

http://www.hydrocarbons-technology.com/projects/centralasiachinagasp/

http://en.wikipedia.org/wiki/Central_Asia%E2%80%93China_gas_pipeline

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As you can see most of the Chinese market is being supplied, Eastern and Southern China market is gone, that leaves western China, Shanghai and surrounding areas, Australia is 2 shipping days closer, 4 days counting round trips, that shipping advantage is gone, and as for India....

Two things, we know there are many wealth Indian millionaires, however, there are 950 million dirt poor people, we have all read about the wage levels of garment workers and farmers, 25 cents per hour, hundreds of millions more making not much more than that, the point I am making is the vast proportion of India`s people can`t afford even a $100 Canadian dollar natural gas bill per year, I don`t see that changing anytime soon...

Barrow Islands Australia to India is about 3200 nautical miles to 4400 nautical miles...Prince Rupert to India is anywhere from 12,000 nautical miles to 16,000 nautical miles depending on which route they chose, as in going east or west, with those distances so vast the shipping costs are enormous, the spread a mile apart, for you are looking at a difference of 16 days minimum in ocean shipping times, and again, ships must come, and go, you are looking at roughly 30 days longer for a round trip, in other words the Indian market for B.C LNG is not there, won`t be there in the near or long term..

That leaves us competing for Japan and South Korea, however, the Japanese market which after the Fukushima disaster LNG exports increased as other nuclear plants were shut down, that trend is being reversed, the short term outlook for LNG exports to Japan is stable to a slight decline, the long term forecast for imports of LNG to Japan is a very large decline as most nuclear facilities are coming back online, and there are other demographics at play with China, conservation, a small dense populous and most importantly, an aged population, demographics predict a die-off and more migration into warmer cities....Not to mention both Japan and South Korea going big into exploring the massive energy potential of ocean hydrates, hundreds and hundreds of years of supply, if indeed Japan manages to tap this energy source the world outlook for LNG to Asia is bleak, the entire industry will be thrown on its ear..

______

 "Despite weak growth in 2012, Japan`s LNG imports rose by 11.2% year over year in 2012, as the country continued to seek alternative fuels to fill the gap left by the closure of nuclear capacity, Australia replaced Malaysia as the country`s largest supplier with an increase of 13.8% in LNG exports to Japan-largely because on the coming on stream on Pluto LNG. 

Two nuclear facilities came back on line in 2012 and, despite public opposition, we believe a gradual return to higher levels on nuclear power generation will be inevitable in the medium term, indeed, the prospect of a return nuclear-fuelled power appears to have increased with the election of another Liberal Democrat party(LDP) Government, 

The new prime minister Shinzo Abe has already declared his intention to build new, much safer nuclear facilities. The previous Government had stated that an increase in renewable energy was its long term goal, our current consumption forecasts that a few more nuclear facilities will be brought back on line in 2013-2014, but in the more medium term recent gains in gas consumption will be reversed if nuclear capacity comes back on line in a more significant scale. 

A further constraint on Japan`s LNG consumption is more structural, in that the country`s geographical and population density hampers Japan`s ability in terms of gas infrastructure to significantly absorb higher volumes of LNG"

 
http://www.cmegroup.com/education/files/eiu-japan-china-driving-global-demand-2013-02-28.pdf#page=1&zoom=auto,0,792


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Well, new nuclear facilities that have no waste, efficient, thorium reactors, the same electric producing reactors China is building, and building in numbers..

____________

"The liquid fluoride thorium reactor (acronym LFTR; spoken as lifter) is a thermal breeder reactor that uses the thorium fuel cycle in a fluoride-based molten (liquid) salt fuel to achieve high operating temperatures at atmospheric pressure.

The LFTR is a type of thorium molten salt reactor (TMSR). Molten-salt-fueled reactors (MSRs) such as LFTR, where the nuclear fuel itself is in the liquid form of molten salt mixture, should not be confused with solid-fueled molten salt-cooled high temperature reactors (fluoride high-temperature reactors, FHRs).^[1]

Molten salt reactors, as a class, can include both burners and breeders in fast or thermal spectra, using fluoride or chloride salt-based fuels and a range of fissile or fertile consumables. LFTR refers to a particular design subset of MSRs defined by use of fluoride fuel salts and breeding of thorium into uranium-233 in the thermal spectrum.

In a LFTR, thorium and uranium-233 are dissolved in carrier salts, forming a liquid fuel. In a typical operation, the liquid fuel salt is pumped between a critical core and an external heat exchanger where the heat is transferred to a nonradioactive secondary salt. The secondary salt then transfers its heat again to a steam turbine or closed-cycle gas turbine.^[2]

This technology was first investigated at the Oak Ridge National Laboratory Molten-Salt Reactor Experiment in the 1960s. It has recently been the subject of a renewed interest worldwide.^[3] Japan, China, the UK, as well as private US, Czech and Australian companies have expressed intent to develop and commercialize the technology.

LFTRs are a particular class of molten salt reactor that includes several design variations. LFTRs differ from other power reactors in almost every aspect: thorium fuel cycle, low operating pressure, liquid fuel, salt coolant, higher operating temperature, and online refueling and reprocessing. The unique characteristics of a LFTR give rise to many potential advantages and also to a number of design challenges. This article addresses some LFTR reactor design variations and their advantages and disadvantages. Power conversion cycles that could be used to generate electricity with a LFTR are discussed, as well as online removal of fission products which is an important aspect of LFTRs."

 http://en.wikipedia.org/wiki/Liquid_fluoride_thorium_reactor
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So basically, the Japanese market is dead, the only way Japn will buy BC LNG is if the price is cheap, very cheap, and therein lies the problem, all that fracking, all that heavy water use, billions of gallons of water injected deep underground, laden with chemicals, so desperate is Christy Clark to get big energy companies to build in BC that she is now giving away the immense profits she campaigned on, ...Before the election Christy Clark claimed LNG taxes and royalties(based on the Australian LNG taxation formula) were going to pay off BC Hydro`s debt, BC Ferries debt, our provincial debt, pay off bridge tolls, fund more money for health and hospitals, education and teachers as well creating a prosperity fund with hundreds of $billions of dollars for future generations..

The BC Government paid for Ernst and Young to throw some fiscal numbers togother based on the Australian taxation model, they also used extensive volumes of exported LNG too, numbers that are unrealistic, this was done pre-election..

http://www.empr.gov.bc.ca/OG/Documents/Ernst%20and%20Young%20-%20LNG%20Revenue.pdf

At that time Christy Clark stated that her taxation model would mimic the Australian model..David Schreck also broke-down some taxation and LNG export volumes too..

http://www.strategicthoughts.com/record2013/LNGsupertax.html


Last week we learned that Christy Clark is in negotiations with energy companies on LNG taxation, or more aptly, Clark is negotiating downward, industry has scoffed at Clark`s taxation model, the numbers Christy Clark talked about pre-election are off the table, off the table in a big way, as in next to nothing in taxation, and even with that industry isn`t jumping up and down to start building in B.C...

http://blogs.wsj.com/canadarealtime/2013/06/14/british-columbia-working-with-industry-on-proposed-lng-taxes/

The Vancouver Sun and BC Government spinners have been milking the Petronas proposal for all its worth, they are spinning, Petronas has no long-term buyers yet, Japex is not a customer, Japex in the Japanese Government who have bought a 10% equity stake in the proposal, customers are equity investors, TransCanada who has been approached to build the pipeline to Prince Rupert from northeast B.C. are not a contractor but a partner in the proposal, in other words, we have the Japan Government wanting a cheap gas deal, we have TransCanada(pipeline company) needing profits, healthy profits to make both new money and pay for a $5 billion dollar pipeline, and we have Petronas, also known as the Malaysian Government, they want super profits too..

That is the catalyst for these desparate negotiations with industry on taxation and royalties, the Australian taxation model is gone..

And more, Japan has supply, China has supply, South Korea has supply, the only way to get market share with these countries, considering we have no shipping advantage over Australia is to lowball the price, lowball any provincial share we might have seen..

I have more very interesting LNG data from The Economist Intelligence Unit, very interesting indeed..

___________

"LNG in Canada has government support but needs..
 huge investment

Companies operating in Canada are also seeking..

 to begin LNG exports. Traditionally, 

Canada has exported its surplus gas to the US market, but

the shale gas boom in the US is reducing demand for these flows. 

Partly because of the original focus on the US market, ...

Canada lacks the infrastructure required to quickly become an LNG exporter.

Canada's gas is found in interior British Columbia and Alberta,...

 some distance from the coast...

 and with no existing infrastructure linking the sites to ports.

As of February....

Three export projects had been granted licences by Canada's National Energy Board; ..

the latest of these was a licence granted in early February to the LNG Canada Development consortium,...

 led by Shell and including PetroChina, Mitsubishi and Korea Gas...

 Kitimat LNG, co-owned by the US's Apache and Chevron,...

 was granted a licence in 2011,....

 while (US/First Nation) BC LNGExport Co-operative received....

 one early in 2012. None of these projects, which will target

Asian markets, is likely to come on stream much before 2020.

Once the infrastructure is in place, Canadian gas would....

, in theory, have an advantage over its US counterpart....

 (assuming that US gas will be exported from the US east coast)....

, as shipping times would be shorter.....


However, the price of Canadian LNG is expected to be oil-indexed..

, and the costs involved in building the terminals and infrastructure will be hug.

Given that there could be additional costs associated...

 with allaying environmental and First Nation concerns....

 about the projects,....

 it remains to be seen whether Canadian LNG will be....

 price competitive compared with US LNG."


 

 http://www.cmegroup.com/education/files/eiu-japan-china-driving-global-demand-2013-02-28.pdf#page=1&zoom=auto,0,792

___________________

So here we have our unelected premier offering up,..

 I mean giving away taxation and royalties to industry as a sop..

 so they will build, and build fast,...

 but that creates a another problem,....

 these LNG plants proposed for British Columbia won`t be built here..

 at all, they will be built in South Korea in modular form,....

 barged to either Kitimat or Prince Rupert and put together ...

like a big jigsaw puzzle, .....

Nothing for these plants will be manufactured in British Columbia,..

 well..

So maybe you think these LNG plants will employ thousands...

 and B.C. will reap large on income taxes,...

 you would be wrong,...

 as the BG(British Gas) group said earlier this year, ...


the modules will be built in Asia, barged to B.C....

 and assembled,....

 once up and running the most massive of all the proposals,..

 according to the BG group will employ...

 a mere 250 plant employees...

 with perhaps another 250 spinoff jobs throughout the province..

Meaning even if 4 LNG plants were built(the big ones)..

 employment would number roughly 1000 employees ..

with about 1000 spinoff jobs..

http://powellriverpersuader.blogspot.ca/2013/05/british-columbias-lng-facilities-to-be.html

I was already initially skeptical, and I`m not talking about temporary construction jobs, we are talking about the facilities get built, they are in operation, how many workers will they employ?..Because the BC Liberal 2013 election platform is quite specific... And I quote..

____________
 
"LNG facilities are currently proposed by business groups that include some of the world`s biggest energy companies-Shell, Imperial, Chevron, British Gas, Petronas, SK & and ES of South Korea, Inpex and the Chinese National Offshore Oil Corporation, to name some of the major players, it`s no fantasy.
The projects mean 39,000 jobs to British Columbia during construction with another 75,000 full time jobs created once in operation. We can create 1 $trillion dollars in economic activity and create the BC Prosperity fund with $100 billion over 30 years.

An opportunity this good faces lots of global competition. Premier Christy Clark and Today`s BC Liberals have worked diligently to enable LNG as an economic generator for decades to come."

(BC Liberal platform at below link)

http://files.flipsnack.com/iframe/embed.html?hash=fhcjsxtd&wmode=window&bgcolor=EEEEEE&t=13660594461366059618

________

There is the smoking gun evidence, from the BC Liberal platform...39,000 construction jobs and 75,00 full-time jobs once in operation..

That whole number thing seems backwards from the git-go, normally there are more during construction jobs than the full time after everything is built job numbers....

Do you see those job numbers in the BC Liberal election platform...

"39,000 jobs to British Columbia during construction with another 75,000 full time jobs created once in operation"

How many LNG plants are being proposed, we have heard these Liberals say 4 LNG plants, 6 LNG plants, 8 LNG plants...

Well, there was an article in the Vancouver Sun earlier this year, the BG Group(British Gas) announced they are going to the planning stage, then if that goes well they will apply for an environmental assessment, no they haven`t made any firm commitments, it`s still very early in the process, they mention something about, if everything goes well they will start assembly of their LNG plant in 2016..

But what is absolutely startling is the honesty in the article, honesty from a major world class energy company..

What British Gas has stated in the article is this...

________

"The BG Group has filed plans for a liquefied natural gas plant at Prince Rupert that would consume the equivalent to all of the province’s current production of natural gas and almost all the energy generated by BC Hydro’s proposed Site C dam to produce it."

_____

Do you see that? This one LNG plant will consume all the present natural gas production in British Columbia, that`s not the scary part, what is stated in the article puts "Christy Clark and Today`s BC Liberal`s" jobs number to shame, this article makes a complete mockery of what the Liberals are stating in their 2013 election platform..

___________

"BG intends to build a facility on Ridley Island capable of producing 21 million tonnes of LNG a year. Called Prince Rupert LNG, it would be built overseas in modules and shipped to Prince Rupert for assembly.

 Even so, the plant would create 3,500 jobs during construction,

 250 permanent direct jobs and another 250 spinoff jobs.

 BG says it is planning to build it in two phases, beginning in 2016.
The first phase — two seven-million-tonne-a-year processing units, or trains — is to be completed by 2021" 
________

Do you see that?....3500 temporary construction jobs, 250 full-time jobs with 250 full-time spinoff jobs...

Well well well, let`s take the 6 LNG export plants scenario,  first off, the plants are built in Asia, shipped here and assembled, that`s a problem, but the bigger problem is the job numbers..This British Gas project is a biggy, so big it will not only take all our present natural gas production it will also require all the power generated by the proposed $12 billion dollar public taxpayer project known as Site C Dam..

______

"The scope of the project is huge: All three trains would consume about 3.3 billion cubic feet of gas a day, which is the equivalent of B.C.’s current natural gas production. The plant will require 800 megawatts of energy to run refrigeration compressors and to run the facility. By comparison, the Site C dam would produce 900 megawatts"

__________

The British Columbia advantage is industry`s advantage, Christy Clark has gone cap in hand begging for a LNG build before 2017...She is giving away the farm, the Australian LNG taxation model is gone, Christy isn`t negotiating up but down...

Her LNG windfall claims was a lie, the employment numbers associated with LNG is a lie, the future market growth forecasts are a lie...

In 2011 and 2012 combined British Columbia made less than $400 million dollars on natural gas, these big energy companies want free hydro-electric and cut-rate royalty rates..

Whatever gets announced, whatever goes forward who knows, there is only one thing I am sure of...

Taxation schemes, royalty schemes for energy companies dealing with British Columbia will be a secret, no prying public eyes will be allowed to see the details, it will be called proprietary concerns, and will be shrouded in cabinet secrecy..

Remember, we paid $12 million dollars for a fake Bollywood award show, I wonder how much this illusion will cost us..

The Straight Goods

Cheers Eyes Wide Open 

Are There No more Honourable Men, Hari Kari Is In Order

Written by Grant G



Many have awaited my analysis of BC`s 2013 election, the mainstream media have weighed in, bloggers and pundits too..

No one is happy with the result, pollsters led us astray, or did they, I am of the belief that pollsters posted results with deliberate guile, had anyone known that in fact at the beginning of the writ period the two big parties were actually tied in support levels the campaign would have taken a drastically different direction, the BC Liberal record would have been front and center, the scandals and lies would have been highlighted..

The mainstream media and pollsters worked hand in hand to screw the NDP, it`s been that way since 1996, Adrian Dix announced his election strategy 18 months ago, he wasn`t going negative or personal, pundits on radio and TV challenged Adrian for months on whether he would change his early announced tactics, this was very important for the pollsters and media personalities to know, the reason is obvious, with Mr. Dix stuck in neutral the pollsters had to portray a precise picture in his mind, that picture was an illusion, that picture was of Adrian Dix cruising to victory, it was vitally important that they didn`t spook the NDP from the sanctuary of their peaceful perch..

I was 35 years old and didn`t know any better, that was the utterance that sent Adrian Dix into the dustbin of the defeated.

Angus Reid, Ipsos Reid, they had one thing in common, their employer, the people who paid for the service are the clients of corporatism, they were enemies of the NDP, enemies who wanted the status quo..

The only other things the pollsters reported correctly was....The public felt that neither Adrian Dix or Christy Clark was worthy of the office of premier and the public wanted change, unfortunately there wasn`t change on the ballot, there was a choice between the corrupt BC Liberals and a fatally flawed Adrian Dix..

My post on John Horgan and the NDP leadership written in April of 2011 spelled it out clearly..I congratulated both Adrian Dix and Bill Tieleman for winning the leadership contest, that was a mistake, thanking them was a mistake, I listened to the leadership shindig event on the internet, it was web-casted, on my computer and from actual reports from people at the event, in fact I believe it was Michael Smyth on CKNW who was reporting on the event concluded the attending crowd was clearly in John Horgan`s corner...On my computer all I could hear was "Horgan Horgan Horgan" ..

And then came the first ballot results, Adrian Dix had won the contest virtually on the first ballot, a lead to big to overcome, and all I could think of was Mable Elmore and others, with Adrian Dix walking into NDP headquarters right at the membership sign-up deadline with thousands of memberships and a sack of cash, $10 dollar bills to be exact, the money not even yet attached to the membership card..

So Adrian Dix back-dated a stupid memo in the 90`s, took severance pay, then he gamed the leadership sign-up game the same way Christy Clark did, only Adrian Dix had the help of a couple of MLAs and Bill Tieleman...

I congratulated Adrian Dix and Bill Tieleman for winning the contest, and can anyone tell me why Adrian Dix didn`t have a yearly pass for Skytrain?..After all, Adrian Dix had the ability to write-off the cost of the transit pass in its entirety...As a MLA he can write-off travel expenses and or have it come out of his constituency office expenses but no..Adrian Dix running for premier, with a memo-gate scandal in his closet and a stink-to-high-heaven membership sign-up plot, and he gets busted riding the train without a ticket..

I did tell you that I congratulated Adrian Dix and Bill Tieleman, I should have told both of them to go to hell, what geniuses in the backroom of the NDP actually thought we could win with a tainted candidate...

I gave it my all(for the sake of the party) I left bread crumbs and trails, I painted a path to victory, a path to victory even with Adrian Dix`s fatal flaws, my article on how Ezra Levant attacked Adrian Dix`s wife, that story needed to be brought up in Adrian Dix`s campaigning, Adrian needed to challenge Christy Clark to denounce Ezra Levant...Adrian Dix did nothing..

Dix was still being played by the pollsters....Adrian Dix needed to come out when the writ was dropped, as one regular commenter stated..."He needed to come out like the junkyard dog"...For those not familiar with the WWF wrestling, the junkyard dog was a big-black wrestler who when he was tagged into the ring came out like a rabid dog, swinging and hitting, kicking and scratching everything in sight...His analysis was correct, Adrian Dix needed to come out when the writ was dropped like the parties were even in support, because they were, the pollsters played the NDP like a fool, it was cold, it was calculated and no I can`t prove the pollsters played the game of fraud, but I assure you they did..

Adrian Dix must step down as soon as possible, like yesterday, only the hard-core NDP faithful voted for Adrian Dix, he attracted no new voters to the party, in fact he lost voters, with a mountain of scandals at his disposal, ethnic-gate, Basi/Virk, BC Rail, Burnaby hospital, deficit lies, massive BC debt, smart meters, the HST, Ken Boessenkool, kim Haakstad, Pamela Martin...John Yap, Brian Bonney, Pacif Carbon Trust, Wazuku, deferral accounts at BC Hydro, Run of river fraud, I could list scandal after scandal for hours, until my fingers bleed, until my keyboard gets saturated with tears, the list is that long..

And the next election every single one of those scandals are off limits, they`re finished, no more BC Rail, no inquiry(Sorry BC Mary)no Basi/Virk investigation, no smart meter inquiry, nothing, those smoking gun crimes are over, if Adrian Dix couldn`t win with all that ammo...Well..

Brian Topp needs to stay well clear of BC Politics, Moe Sihota needs to move along too, every adviser to Adrian Dix must not only fall on his or her sword they must vow to never ever become part of the NDP election planning, period...

The NDP leadership contest, Dana Larsen was part of that campaign, what if Dana Larsen managed to get every pot smoker in BC to purchase a NDP membership and vote for him in the leadership campaign, and Dana Larsen wins...Would the party brass accept his win or would they politely ask (in private) for Dana Larsen to move aside?...What if a multi-millionaire with a tainted past, an adulterer, tax evasion, drunk driving, outsourced thousands of jobs, violated worker`s rights, discriminated against seniors, and females and transgender, Gay, lesbian and the like but he has so much money and influence he buys or persuades tens of thousands to attain NDP membership cards and actually gets them to vote him as new leader of the party...Yet he in unelectable in society`s mainstream, at what point does the party say NO...You can`t be leader..

What I am talking about may well be considered non-democratic, however...

However, the voters of British Columbia did not vote for Christy Clark and the BC Liberals..

The voters of British Columbia said no to ...I was 35 years old and didn`t know any better, they said no to a man who didn`t buy a skytrain ticket, they said no a man who back-dated a memo in an attempt to save his boss, a boss who couldn`t be saved at any price,.....Adrian Dix can`t attract any new members to the party, he can`t inspire others to fight for the cause, he can`t light a fire under the writers in this province who care about truth, and justice..

The next election will be won with talented star, all the past issues are just that, past ....

Maybe there is someone better than John Horgan to lead, however I haven`t met that person yet, probably never will....John Horgan needs to be the voice of the party, he needs to ask the first three questions when our legislature opens up..We can`t grow as a party until the face of defeat is removed from our letterhead..

The people of British Columbia said no to a man who wouldn`t call thieves thieves, call corruption corruption, we, the people rejected a man who wouldn`t fight, scream, yell and even swear at the most bile, most evil, most incompetent Government in the history of Canada..

The people who cast ballots couldn`t put their support and children`s lives in the hands of a man who ran from the shadows.

 http://powellriverpersuader.blogspot.ca/2011/04/born-to-lead-honourable-john-hogan.html

The Straight Goods

Cheers Eyes Wide Open

Kitimat and Prince Rupert, In The Line Of Fire

Pemex gas plant explosion in Mexico..(December/2012)

Huge natural gas explosion in Sissonville West Virginia....

 Kansas City 2012

Alabama 2013

Western Massachussetts 2012

Mexico 2012

LNG Tanker in China, 2012

Edison NJ..1994

2012..Natural gas pipeline explosion

The LNG Tanker, massive ship, the length of two football fields..

One LNG plant, for example the Petronas proposed project, 190 LNG transport ships per year, 190 ships coming, 190 ships going, in reality it`s more like 380 traverses per year, those ships that arrive must also leave..

That is one LNG plant, let`s assume for the time being that 8 LNG plants get built in BC...4 in Prince Rupert and 4 in Kitimat..each requiring 190 yearly LNG transport ships..760 LNG transport ships coming to Kitimat, 760 LNG transport ships leaving Kitimat each year, the same for Prince Rupert...(760 X 2 in Prince George too = 1520 traverses)

Now let`s add in 200 Alberta tar oil(diluted bitumen) transport tankers coming each year to Kitimat, 200 tar oil tankers leaving Kitimat each year.

Add it all up, the third most dangerous waterway in the world(Douglas Channel and the Hecate Strait)...A place where 40 and 50 foot waves are common, a place where hurricane force winds occur many times per year, every year, a place where these storms rage for days on end, raging storms where no shipping could happen, thus piling up ships in waiting, ..

1520 LNG transport ships coming and going..760 in..760 out...400 Diluted bitumen ships coming and going..200 per year in...200 out..And when storms rage for days these ships will pile up, get backlogged, these ships cannot call on other ports, an accident waiting to happen.

And we have the LNG plants themselves, giant potential bombs, visible, not discreet, giant white orbs filled with millions of litres of frozen natural gas..

Accidents do happen, a collision at sea between a behemoth LNG carrier and an oil tanker would most certainly be disastrous, and explosive..

LNG plant explosions, being so visible they are indeed a target for terrorists, and if anyone thinks terrorism doesn`t exist in British Columbia has forgotten our B.C. history, the Air India bombing that killed hundreds, that bomb was placed on the jet at Vancouver International Airport...

https://en.wikipedia.org/wiki/Air_India_Flight_182

The millennium bomber who was caught at a border crossing in British Columbia, caught with a car loaded with explosives, the terrorist had intentions of bombing LAX airport in Los Angelos..

 http://en.wikipedia.org/wiki/Ahmed_Ressam

Homegrown terrorists, or should I say, British Columbia based terrorists..

Kitimat, Prince Rupert, not exactly security hubs, rural coastal towns with easy port access, ports where one can sail in, or motor in and out of with nary a question asked..

Pooled gas explosions ....Slow leak explosions....Sudden catastrophic explosions,..LNG is concentrated frozen natural gas, holding tanks contain millions of litres of gas, terrorism is a real threat, collision at sea and within the ports are real threats, human error is a threat, mechanical breakdown and many others factors come into play..

Natural gas leaks can send gas downwind where gases can accumulate to the point where one, or many can become asphyxiated, or accumulations of gas can migrate until an ignition source sets off the gas, a muffler, a switch, an engine, even a thermostat, ....

Natural gas fires burn hotter than oil fires,  these fires cannot be extinguished with water or foam, these type of fires only stop burning when all fuels are expended, with many LNG plants proposed for each of those ports, all being fed by pipelines coming from the east, or northeast, pipeline coming from inland head towards the coast, any LNG plant explosion would rip through the port of Kitimat, rip back towards the pipeline burning everything in its way, ...

Natural gas leakages would blow inwards, towards inland, meaning towards the populous, the prevailing winds blow from offshore towards the mainland, ...A natural gas leak of scale, the gas would migrate back towards the town of Kitimat until it finds an ignition source, then kaboom, depending on the gas concentration a fire or explosion would track back to the LNG plant where a catastrophic explosion would occur, any LNG plant explosion could be compared too or be on the scale of the great Halifax harbour explosion....That explosion of munitions was caused when two marine vessels collided. a fire started which ignited the munitions..An epic disaster, historic levels of human suffering, films have been done on that human error disaster, tales of terror passed down from generation to generations, a true story of a populous port  town nearly wiped off the map, entire families blasted to bits...2000 dead, 9000 injured..

______

"The Halifax Explosion occurred near Halifax, Nova Scotia, Canada, on the morning of Thursday, December 6, 1917. SS Mont-Blanc, a French cargo ship fully laden with wartime explosives, collided with the Norwegian vessel SS Imo^[2] in the Narrows, a strait connecting the upper Halifax Harbour to Bedford Basin. Approximately twenty minutes later, a fire on board the French ship ignited her volatile cargo, causing a cataclysmic explosion that devastated the Richmond District of Halifax.

 Approximately 2,000 people were killed by debris, fires, and collapsed buildings, and it is estimated that nearly 9,000 others were injured.^[3] The blast was the largest man-made explosion prior to the development of nuclear weapons^[4] with an equivalent force of roughly 2.9 kilotons of TNT.^[5] In a meeting of the Royal Society of Canada in May 1918, Dalhousie University's Professor Howard L. Bronson estimated the blast at some 2.4 million kilograms of high explosive.^"

http://en.wikipedia.org/wiki/Halifax_Explosion

___

There is more explosive power in one loaded LNG carrier than what blew up in Halifax in 1917...One loaded LNG tanker is equivalent to 5 Hiroshima nuclear blasts, yes, there is that much explosive energy in those carriers....

The port of Kitimat, if it had 4 LNG plants, if there were several loaded or partially loaded LNG tankers, with all the adjacent feedstock natural gas pipelines, you are talking about the equivalent of 50 Hiroshima nuclear bombs sitting there, one collision, one catastrophic human error, one  Tsunami, an earthquake and tsunami, a runaway marine vessel, an act of terrorism..

Hello British Columbia, let me be perfectly clear, I don`t expect a bunch of LNG export plants to be built, however, no one has talked about the potential dangers, we have seen in recent days large industrial explosions that destroyed towns, there was a big explosion in Texas....Towns in California have been blown to bits by natural gas pipelines that were punctured..

There are several issues at play for people living in Kitimat, these behemoth LNG plants, and LNG cargo ships will be belching vast volumes of greenhouse gases that will blow directly into Prince Rupert and Kitimat, that is the direction prevailing winds blow..

With such a concentration of LNG plants in one area, all needing pipelines and feedstock, all needing LNG cargo ships to export the product the potential for a catastrophic explosion does exist, human error, drunken or drugged employees, mental issues, blackmail and terrorism, with winds blowing fumes inland entire towns can become asphyxiated, die in their sleep..

I hope you enjoy the above videos, there are hundreds more available if one looks..


Catastrophic accidents happen every year around the world, Murphy`s law..

"Anything that can go wrong will go wrong"

And reality, the more LNG plants in one area the more likelihood of a accident, also, there is no way to remove the human error factor, the tired employee factor, the defective part, the lax inspection, terrorism..

Here`s a very interesting link on LNG pool explosions and slow leak explosions..

http://www.quoddyloop.com/savepassamaquoddybay/documents/newspaper_inserts/insert-7.pdf

The Straight Goods

Cheers Eyes Wide Open

Wheelchair Fees For Seniors and Pay-Raises For Friends, Christy Clark`s Agenda

Well, it`s official, Christy Clark has announced July 10th as the date for the byelection in westside Kelowna..The NDP candidate is Carole Gordon..

I don`t have much hope for the dippers to win the riding, especially since Adrian Dix hasn`t stepped down and a new interim leader been put in place..However..

Christy Clark has already enraged all voters by gifting massive pay-raises for political friends and insiders, a $50 thousand dollar raise for her new chief of staff, a raise that is more money than your average single worker makes in a year, Clark`s chief of staff will be making more money than Barack Obama`s chief of staff, clearly these pay raises were/are an attempt to buy friendship and loyalty from those not too happy or impressed with Christy Clark..

Clark ran on a platform of fiscal prudence, of tightening the purse string, soon after her party won the election, in an article by Vancouver Sun`s Jeff Lee....Christy Clark claimed she was going to be the premier of saying no..and I quote..

"speaking to her Liberal caucus on Thursday for the first time since the election, Clark said British Columbian`s made it clear the economy was Government`s driving mandate, but she also said in order to meet that mandate and balance the budget, her newly elected MLAs are going to have to say "no" a lot more than they say "yes"

http://www.vancouversun.com/news/bc-election/Christy+Clark+meets+with+Liberal+candidates+review/8426419/story.html

__

Ok, so the first thing Clark does is hand out massive raises to buy favourtism, so much for saying no, ...It will take over 200 seniors paying wheelchair fees for a year just to pay for the $50 thousand dollar raise to Christy Clark`s new chief of staff...

 http://www.cbc.ca/news/canada/british-columbia/story/2013/06/07/bc-fraser-health-wheelchair.html



And when Mike De Jong was questioned on these blatant ugly raises blathered this gobbilty goop utterance....

"The increases in pay won`t cost the Government anymore money, budgets haven`t been increased"

I have a hope, and request from all Westside Kelowna voters, we just had a general election, your riding was represented by Ben Stewart, a rather likable fellow, even for a BC Liberal...Now your local candidate has resigned, cost taxpayers money, the price of a byelection, he has resigned to make room for Christy Clark, the unelected premier who ran in the swanky Point Grey riding, a riding she didn`t even live in..Christy Clark won`t be moving to or living in Westside Kelowna, her family won`t make roots in your community, the truth be told Christy Clark asked Ralph Sultan to stepdown/resign from his West Vancouver riding, he refused, Andrew Wilkinson refused to resign for Christy Clark too...Christy Clark quickly ran out of safe , and I mean really safe Vancouver area ridings to run in...

She pleaded for Ben Stewart to resign for her, Christy Clark forced to leave the lower mainland and jump to Westside Kelowna...

Hello Kelowna, the provincial general election is over, the BC Liberals have won, they have a rather substantial majority, 49 Liberal seats to the NDP`s 34 seats...You Kelowna voters have a real opportunity to do two historic things, you can reject Christy Clark and force the BC Liberal brass to choose a new leader for the party, second, you can make your voices be heard loud and clear that these massive pay raises for political insiders is unacceptable, totally unacceptable when the BC Liberals have to sell near $1 billion dollars worth of assets just to balance this years budget..

These political staffers don`t deserve the money they get now let alone massive pay raises, not when the province is running up massive debts..

I know you voters in Kelowna are not too keen on the NDP, there will also be a BC Conservative candidate running in the byelection, there are at present no BC Conservatives elected to the legislature, the Conservative party was shut out in our general election, I am urging all Westside Kelowna electors to vote for anyone but Christy Clark, vote NDP, vote BC Conservative..Your protest vote won`t change which party is in power, it will however send a very loud message to those politicos in charge that massive pay raises are not acceptable while our province is hurting..

Here`s a little more Christy Clark thumbing her nose at you, remember Christy Clark talking about "families first"...Talking about "Family affordability" ..Talking about "Open and transparent Government" during the election writ period...

Interesting, Christy Clark before the election had cabinet committees to address those particular issues...Well well well...Everyone of those committees have been scrapped, in other words Christy Clark no longer needs to keep up the facade of actually caring..

When British Columbia Premier Christy Clark announced new cabinet committees this week, she dropped four that had existed before the election, signalling the government's shifting priorities.

Gone are committees on Families First, Jobs and Skills Training, and Open Government and Engagement, as well as a working group on Family Affordability.

- See more at: http://thetyee.ca/Blogs/TheHook/2013/06/12/OpenFamilyDump/#sthash.ELRq5R4n.dpuf

When British Columbia Premier Christy Clark announced new cabinet committees this week, she dropped four that had existed before the election, signalling the government's shifting priorities.

Gone are committees on Families First, Jobs and Skills Training, and Open Government and Engagement, as well as a working group on Family Affordability.

- See more at: http://thetyee.ca/Blogs/TheHook/2013/06/12/OpenFamilyDump/#sthash.ELRq5R4n.dpuf

 http://thetyee.ca/Blogs/TheHook/2013/06/12/OpenFamilyDump/

Do you care Westside Kelowna?

Time to send Christy Clark packing


The Straight Goods

Cheers Eyes Wide Open

When British Columbia Premier Christy Clark announced new cabinet committees this week, she dropped four that had existed before the election, signalling the government's shifting priorities.

Gone are committees on Families First, Jobs and Skills Training, and Open Government and Engagement, as well as a working group on Family Affordability.

- See more at: http://thetyee.ca/Blogs/TheHook/2013/06/12/OpenFamilyDump/#sthash.ELRq5R4n.dpuf

LNG Spin Zone Unraveled, Uncomfortable Facts

Corporate spin, bluster of the bullish, is anything real, what can be believed, just like the never-ending petroleum industry ads on Suns News of pristine environments, clean flowing waters and a harmonious blissful arrangement between mother nature and tar oil goop extractors..

At times I feel the BC Government orders up press releases to directly counter articles posted at The Straight Goods, at least when it comes to LNG, .....Recently the esteemed Andrew Weaver has perused these articles and agreed with the analysis coming from this site, Andrew Weaver featured on CTV(tonight, June 11th) And being listened to by other media on the topic,  I feel that was the catalyst for the latest press release from Petronas highlighted by The Vancouver Sun...

There was an article yesterday where the CEO of Petronas stated that the idea of cheap LNG is a "fallacy"...

__________

"The notion of cheap LNG is a fallacy,” Shamsul Azhar Abbas, Petronas’s president and chief executive officer, said at the Asia Oil & Gas Conference in Kuala Lumpur yesterday. “Energy users need to understand that energy security requires a premium to allow re-investments.” 

 http://www.businessweek.com/news/2013-06-10/lng-boom-no-comfort-to-asia-as-petronas-sees-cheap-gas-fallacy

____________

Alright,  that statement from Petronas was not only expected, but typical, an oil company executive being bullish on the future of LNG...What would any energy company executive say, ...That the market was in flux, LNG pricing in Asia is in free-fall, of course not, every energy company executive in the world is bullish on price premiums for energy, unfortunately that is not the reality...A glut of supply is coming online around the world, prices are already falling in Asia, energy buying contracts are hard to come by, and there are many X factors in the mix as well, first with Japan...

After the Fukushima disaster the world and Japan thought nuclear power would be phased out...Sober second thoughts, actually domestic Japanese fiscal thoughts are pushing towards a complete restart of all Japanese nuclear facilities, and more, as written here, Japan and South Korea are going headlong into trying to develop ocean hydrates, one of the newest and most abundant energy sources in the world, hundreds and hundreds of years of gas supplies underneath Japan`s oceans, Petronas`s CEO can spout whatever rhetoric he likes, if Japan is successful in developing this energy source the world LNG trade will be thrown on it`s ear...

____________


"News that Japan has become the world's first country to successfully extract gas from a deposit of methane hydrates buried beneath the sea poses a threat to Australia's massive liquefied natural gas (LNG) export industry, according to The Australian.
Japan's Ministry of Economy, Trade and Industry hopes to begin commercial extraction from the methane hydrate fields within five years, which could prove to be a game-changer for the global gas sector that has come to pursue and rely on strong gas prices and robust demand from Japan.
The prospect of a decline in LNG demand from Japan could threaten Australia's $175 billion worth of LNG development plans.

Japan has been seeking means to reduce its reliance on LNG imports from Australia and elsewhere.

Currently, Japan buys 70 per cent of Australia's entire LNG exports, which were worth $11 billion in total in 2010/11, with forecasts of rising to $30 billion by 2016/17, The Australian reported.

Forecaster Wood Mackenzie warned that if Japanese methane hydrate production is achieved by 2018 it would result in a fall in gas imports that would “severely disrupt the global LNG market, and question the viability of projects in Australia, Malaysia and Papua New Guinea”, the newspaper added."

 http://www.businessspectator.com.au/news/2013/3/14/industries/japanese-gas-extraction-threatens-australian-lng-outlook

_______

Petronas can stomp their feet and claim whatever they want, the bottom line is, Japan will tread very carefully with signing any energy buying deals until this new energy source is fully explored, with Japan in a decades long financial slump, with Japan seeing the prospect of eliminating $11 to $50 billion in yearly energy imports, the incentives are very strong for Japan, financial and energy security are very strong incentives for pursuing this energy source, indeed... ..

And we have China, the world`s second largest economy sitting on 55 trillion cubic meters of domestic natural gas deposits, why these energy companies believe it will take decades for China to develop internal supplies is a mystery, for China now leads the world in export wares of everything, of electronics, housewares, shoes, China if it puts their mind to something can achieve progress at levels unattainable in the western world, no pesky environmental reviews, no domestic populations with clout to stand in the way...

China is also in the midst of a massive domestic slowdown, high unemployment, millions of highly educated graduates that can`t even get factory jobs, China is under big-time domestic pressure to create jobs, create jobs at home..What do jobs have to do with LNG, that answer is very simple, China has an estimated..

An estimated 5 million people work in China's coal-mining industry. As many as 20,000 miners die in accidents each year(source, Wikipedia)

If the world`s energy companies think and or believe China will shed millions of jobs, if energy companies believe China will fully embrace LNG as a replacement for coal and thrust millions of workers to already extensive Chinese unemployment lines are dreaming, to believe China will add to their unemployment numbers while simultaneously expending $billions of domestic dollars to foreign energy companies are delusional, coal workers in China will be transformed into natural gas extractors..especially considering China is sitting on the largest natural gas deposits in the world..


China has recently discovered hundreds of years of supply of domestic natural gas, in mainland China..Check out page 6 of the below PDF file, China has an estimated 55 TCM...That would be 55 Trillion Cubic Meters of natural gas...Enough natural gas to supply themselves for 400 years..

http://www.iea.org/publications/freepublications/publication/nat_gas_china.pdf

Where was I, there was a bold headline in the Vancouver sun today,

 "Petronas expects to invest up to $16 billion in LNG export facility in B.C."


 http://www.vancouversun.com/business/Malaysias+Petronas+expects+invest+billion+export+facility+Canada/8508638/story.html

I would like you to note the language used in a very thin on detail article...

"expects"

Expect doesn`t mean for sure, no final investment decisions have been made, the article also states that Petronas has its first energy buying customer, again the devil is in the details and language used, the energy buyer is Japex..But Japex isn`t your typical energy buyer, Japex is 40% owned by the Japanese Government and in fact Japex has purchased a 10% equity stake in the Petronas proposed operation, those who buy equity stakes in massive operations are to me not customers but owners of the product, the article in the Vancouver Sun is so thin on details..

Japex, according to the very thin article in the Sun bought 10% of Petronas`s B.C. operation..Transcanada(pipeline company) is going to be the builder, operator and owner of the "proposed" pipeline that will supply feedstock gas for this "proposed" operation..

Well, this "proposed" operation is getting very sticky indeed, first off, with a separate pipeline builder, operator and owner, TransCanada will need not only to pay for this $5 billion dollar pipeline but will need to profit from it..That`s the first set of fingers digging into this particular LNG pie...Japex is not really an energy buying customer, they have paid a large sum of money for an equity stake, Japex is 40% owned by the Japanese Government, is the Japanese Government going to both help finance a project and get raked over the coals and have to, or be forced to pay a huge Asian premium price for LNG, an equity partner paying the full shot, no discount?...

I hardly think so...And we are just getting started...Petronas, most of the BC public doesn`t know who Petronas is, they are not your typical energy company, they aren`t Chevron or Shell or Exxon Mobile, Petronas is not a private company, Petronas is in fact the Malaysian Government, it is a National State owned Government operation..In fact the Malaysian Government gets near 50% of its budget from profits and dividends of it`s state owned company....The Vancouver Sun article didn`t bother telling the B.C. public of any of those important facts..

 http://www.vancouversun.com/business/Malaysias+Petronas+expects+invest+billion+export+facility+Canada/8508638/story.html

________



PETRONAS, short for Petroliam Nasional Berhad, is a Malaysian oil and gas company that was founded on August 17, 1974. Wholly owned by the Government of Malaysia, the corporation is vested with the entire oil and gas resources in Malaysia and is entrusted with the responsibility of developing and adding value to these resources. PETRONAS is ranked among Fortune Global 500's largest corporations in the world.

 Fortune ranks PETRONAS as the 68th largest company in the world in 2012. It also ranks PETRONAS as the 12th most profitable company in the world and the most profitable in Asia.^[1][2][3]
Since its incorporation, PETRONAS has grown to be an integrated international oil and gas company with business interests in 35 countries. As of the end of March 2005, the PETRONAS Group comprised 103 wholly owned subsidiaries, 19 partly owned outfits and 57 associated companies. Together, these companies make the PETRONAS Group, which is involved in various oil and gas based activities. The Financial Times has identified PETRONAS as one of the "new seven sisters":^[4] the most influential and mainly state-owned national oil and gas companies from countries outside the OECD.

The group is engaged in a wide spectrum of petroleum activities, including upstream exploration and production of oil and gas to downstream oil refining; marketing and distribution of petroleum products; trading; gas processing and liquefaction; gas transmission pipeline network operations; marketing of liquefied natural gas; petrochemical manufacturing and marketing; shipping; automotive engineering; and property investment.


Petronas provides a substantial source of income for the Malaysian government, with 45% of the government's budget dependent on Petronas' dividend, moreover in 2011 government actual balance has 5 percent deficit of Gross Domestic Product.<sup>[5]


 http://en.wikipedia.org/wiki/Petronas


_____________</sup>


Petronas, let us be perfectly clear, Petronas has their own Malaysian domestic customers trapped, as a Government entity the people of Malaysia have no choice but to rely on Petronas for natural gas, so the company is safe that way, and as a state company that provides near 50% of the entire budget of  the Malaysian Government of course they are bullish on natural gas and LNG, but that doesn`t make it true, they, Petronas and Malaysia have no other options, without a profitable Petronas the Malaysian Government is in big trouble, thus Petronas and their CEOs have no choice but to be bullish on LNG...

Now, let me clarify my position, I have never said nothing will get built in British Columbia, I have said that our province will never realize the profits and financial numbers Christy Clark and the BC Liberals have bandied about..

Christy Clark has stated that LNG exports will....Eliminate our $100 billion dollar plus debt, eliminate BC Hydro debt, eliminate BC Ferry debt, eliminate tolls, eliminate sales tax and fund more monies for healthcare, for education and $hundreds of billions in a prosperity fund for future generations...

Well, let me say this, the Malaysian Government is depending on its future well-being from Petronas profits, Japex is not a customer but an equity partner, they certainly won`t want to be the one paying the large Asian premium, not as an equity partner, Transcanada, the pipeline company chosen to build this "proposed" transmission network are not a one-time contractor, they are taking on the build cost in anticipation of not only paying for the cost of construction but ongoing profits..

Let`s run through that again...Japex has become an equity partner in this "proposed" project in anticipation of cut-rate LNG prices....Transcanada is not a contracted one-time builder but is taking on the cost of a pipeline network in anticipation of monies returned and ongoing profits...Petronas needs to pay for the LNG plant build costs, and achieve ongoing profits not just for CEOs and shareholders but the Malaysian Government itself, Malaysia relies almost solely on big profits from Petronas to run their country, is Malaysia prepared to share profits with Christy Clark?

I see many fingers in this Petronas pie, along with Christy Clark who has suggested taking massive profits from this not-up-and-running fledgling industry too, Clark touted a new LNG tax..

Now, we have all that Australian capacity coming online, how much profit will there be, how long will China and Japan be raked over the coals...When push comes to shove and if the big $dollars are not realized in these projects who will get the shaft?...My guess it will be the B.C Government, not those who put up investment dollars..

Anywho, the other day I mentioned rumours swirling around about cheap abundant Canadian gas being piped south or north as feedstock gas supplies, in my opinion, for what it`s worth, the only reason this would be a consideration is if those who own the drilling rights in northeast British Columbia don`t believe there will be 6 to 10 LNG plants built in B.C....

There is a company in Oregon who has applied for regulatory approval to pipe natural gas from northeast BC to Oregon, this gas to be used as feedstock for thier proposed operation, this Oregon company has a two-fold plan, a very prudent plan, they want the feedstock natural gas for two reasons, the first one is for domestic natural gas users in the USA northwest coastal area, isolated marine communities and for anticipated demand as more and more commercial transportation outfits switch to natural gas powered trucking..And, and for possible liquification to LNG for export..

The reason why this proposal from Oregon is smart is because their primary goal, their primary income will come from domestic sales, not exporting LNG..

_______


"Oregon LNG, one of two US export project in the US Northwest, said it filed an application with the Federal Energy Regulatory Commission seeking the necessary approvals and also planned to export pipeline gas from Canada as LNG cargoes.

The Oregon LNG project, which plans to invest an initial $6.3 billion, is based in the town of Warrenton and will compete with the nearby and further advanced Jordan Cove LNG project.

The Oregon project, being developed by Leucadia National Corp., a holding company listed on the New York Stock Exchange, plans to construct and operate a bi-directional LNG terminal with both import and export capability.
The venture will also include an affiliated interstate natural gas pipeline that will interconnect with and bolster the capacity of existing pipeline facilities, and would enable the shipment of natural gas produced in Canada and already earmarked for export.

The project will directly compete for cheap pipeline gas with half-a-dozen Canadian LNG export projects being developed across the border, north of Vancouver, and on the Atlantic coast of Nova Scotia.

"In addition to facilitating the delivery of natural gas supplies to isolated coastal communities as well as trading partners worldwide, the bi-directional project would also support the emerging conversion to cleaner burning natural gas for trucks, railroads, barges, ferries, and ocean going vessels," Oregon LNG said."

___________

Well, what the above article suggests to me is that this company already has gas drillers in British Columbia prepared to sell them feedstock gas, why would that be, because most don`t expect all the LNG plants Christy Clark has mused about to be built, that`s my opinion..This Oregon operation isn`t dependent on the vagaries of Asia, the vagaries of ocean hydrates, it doesn`t rely on Japan, or China, it doesn`t have to worry about all that Australian supply coming online, their main market is domestic and isolated coastal communities..

Anywho, the Vancouver Sun article is very thin, more deceptive than anything else, there is one really big question, can we trust Petronas, can we trust a Malaysian Government that depends on Petronas for monies to run their country, is Malaysia prepared to share the wealth with the BC Government, will the wealth be there for so many fingers in one pie, and for how long, if profit margins get slashed who will go without..The Malaysian Government and by extension the Malaysian people?..The BC Government? Transcanada?..Who will take less, or nothing?

Christy Clark has promised roughly $20 billion dollars per year in monies, in profits from LNG flowing to provincial coffers, Christy Clark has promised this largesse for decades to come...Ahem..!

If Japan develops ocean hydrates the LNG market crashes, if China moves displaced coal-workers into domestic natural extraction the LNG market crashes, the LNG market may well crash just with the under construction facilities in Australia and east Africa coming online, coming online years before anything is built in B.C....

In fact, despite the deceptive headline in the Vancouver Sun, despite the bluster from the CEO of the Malaysian Government entity Petronas, Petronas stated that they will make a final investment decision by late 2014...

_____


 ”Mr. Kist said. Petronas hopes to make a final investment decision by late 2014, and begin exports by 2018.

However, many observers expect only a minority of planned LNG projects to be built. Those interested in the Prince Rupert area, like Petronas, face First Nations hurdles, with numerous overlapping claims to federal port lands there. Cost and complexity are also major issues in designing facilities that could cost tens of billions of dollars. Australia’s booming LNG industry has seen enormous cost overruns, for example."

 http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/petronas-launches-engineering-work-for-bc-lng-project/article12048767/

_______


And Christy Clark has stated through her jobs plan, and repeated in the below Vancouver Sun linked story...And I quote..

______

"Clark`s jobs plan has forecast one pipeline and LNG terminal in operation by 2015 and three others up and running by 2020"


http://www.vancouversun.com/business/Malaysias+Petronas+expects+invest+billion+export+facility+Canada/8508638/story.html

______


Nothing has yet to be finalized or been given the go-ahead to even be built..

That first pipeline and LNG plant, if built will not be up and running by 2015..or 2016...or 2017...maybe 2020, if built at all..

The Straight Goods


Cheers Eyes Wide Open