‘Native land claims scare the hell out of investors’: energy expert : The Hook

The Hook (Tyhee blog)

‘Native land claims scare the hell out of investors’: energy expert

Fierce First Nations opposition could very well topple Enbridge’s west coast pipeline proposal, a Washington-based energy expert argues.

“Native land claims scare the hell out of investors,” Robert Johnson told an Alberta energy conference, according to an Edmonton Journal report. “My level of confidence [in the project] has gone down quite a bit, unfortunately.”

Johnson belongs to senior management at Eurasia Group, which claims to be the “world’s leading global political risk research and consulting firm.”

The case for co-operation Why Shawn Atleo and Pat Daniel should have lunch: Alberta Oil

Alberta Oil

The case for co-operation Why Shawn Atleo and Pat Daniel should have lunch

A great, though as-yet untapped, ally in the quest to deliver Alberta crude to the Far East could be Assembly of First Nations National Chief Shawn Atleo, who in the same Globe piece lamented the glacial pace of treaty negotiations and the resulting impact on industrial development. “What we have is the potential for perpetual and repeated conflict,” Chief Atleo told the paper. “That doesn’t do anyone any good. It has an adverse impact on not only relationships but overall the economy.”

Editors Note: This online column in Alberta Oil magazine by Jeff Lewis, is based on an interview with Enbridge Northern Gateway CEO  John Carruthers,with this quote

Carruthers, the company’s Gateway chief, reiterates the nation-building argument in the June edition of Alberta Oil. “Accessing alternative, large and growing markets provides critical value for Canadians…”

The Carruthers interview is not available online at this time,

A dire warning from a broken pipe: Globe and Mail

Globe and Mail

A dire warning from a broken pipe

The Rainbow spill is just the latest in a series of oil leaks in North America’s vast pipeline network over the past year, and comes as Canadian energy giants are pressing to win approval for some of their most ambitious projects to date. Those include TransCanada Corp.’s Keystone XL pipeline to ship oil sands crude to the Gulf of Mexico, and Enbridge Inc.’s Northern Gateway pipeline to take Alberta crude to the British Columbia coast for shipment to then to Asia, a plan that faces fierce opposition from first nations.

CNBC interview with Pat Daniels: Enbridge Pipe Dreams?

CNBC VIdeo
 
Enbridge Pipe Dreams?

CNBC  Mad Money host  Jim Cramer377-cnbc2.jpg  interviews Enbridge’s Pat Daniels

Cramer: Enbridge is a Canadian company with a juicy 3.3% yield and a consistent track record of raising that payout. average of 11% over the last decade. They’ve given us a 15% boost this year. Enbridge is the kind ofconsistent dividend-raiser you can count on in good times and bad. they are so money!Why are you highlightinga pipeline company when oil has been getting slammed? the important thing is a company like enbridge is not hostage to oil. they’re related by long-term assets or regulated contracts.Enbridge has never once had to cut the dividend, not once. they’re more regular than metamucil…”

Daniels:  “The gateway pipeline project to the west coast would employ another 1,200 people on apermanent basis. and there would be about 63,000 man years of labor that would go into the construction of the pipeline. We call on crews from all across North America, capped, the U.S.and also from pipe suppliers right across North America. It has a huge positive impact on the economy and huge employment opportunities associated with both the construction and theoperation in our business.

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Energy sector needs to diversify its market

Calgary Herald


Energy sector needs to diversify its market

More on Enbridge Liquid Pipelines president Steve Wuori’s speech in Calgary:

Enbridge has proposed its Northern Gateway project between Edmonton and Kitimat — a $5.5 billion, two parallel pipeline project of 1,900 kilometres — which would diversify the market to include Asia and the Pacific Rim markets.

Wuori said the project would be a “game-changer” for Canada because of the unlocking of various new markets — leading to a $2-3 barrel increase in oil, a $270-billion increase in national GDP over 30 years, 63,000 person years of employment during construction, $4.3 billion in labour-related costs and income for people, and about 1,150 long-term jobs once Northern Gateway is in operation.

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Enbridge defends Northern Gateway pipeline

National Post

Enbridge defends Northern Gateway pipeline

Calgary-based Enbridge Inc. defended its controversial Northern
Gateway oil pipeline Wednesday as an important “game changer” for
Canada’s economy that has been wrongly portrayed in an alarmist,
inaccurate and unbalanced way.

In a Calgary speech, Stephen Wuori, president of Enbridge’s liquids
pipeline unit, urged the audience to help balance the discussion about
energy and energy development by taking critics to task on rumour,
misinformation and myth.

“When we read a newspaper story that gives credence and airtime to
unfounded anti-business, anti- development rhetoric, let’s call the
reporter, write a letter to the editor,” he said in his speech.

Time to settle First Nations land claims: Financial Post

Diane Francis, columnist, Financial Post

Time to settle First Nations land claims

The time has come for Canada and the provinces to make timely and responsible resource development the country’s number one national interest. This represents a policy priority that has never existed but is absolutely essential today to protect Canadian living standards and rights.

To date, Canada has behaved like a patchwork quilt of special interests and various levels of government whose leaders have bobbed and weaved but never devised a just or swift means of settling, or rejecting, land claims by First Nations…..

This week, the opening shot of what could be a monumental battle was fired when First Nations representatives from British Columbia came to warn Big Oil in Calgary that they would obstruct any linkage to Asia via pipelines, and presumably, rail lines, through their territory. If joined by others, and this is a given, their obstructionism for gain, or ideology, will financially damage landlocked Alberta, the prairies, the North and therefore the living standards of all Canadians.

Frankly, I don’t blame First Nations for obstructing development because they face a politicized and dysfunctional court system that never settles, never seems to reject new claims, never deals with any expeditiously and never imposes a deadline on requests.

Editor’s note: Read the quote from Financial Post business columnist Diane Francis carefully. In the key paragraph quoted here, she mentions the economy of Alberta, the prairies and the North. Somehow she neglected to mention the economy of the British Columbia, and the impact of the proposed Enbridge Northern Gateway pipeline, for good or ill on BC. A conservative columnist, Francis, seems to assume that First Nations are against the pipeline simply for gain or “ideology,” and that settling Land Claims will lead to the construction of the pipeline,

First Nations stand ground

Financial Post

First Nations stand ground

In case their unequivocal message hasn’t been received, British Columbia’s First Nations are in Calgary this week to make it clear to the board of directors of Enbridge Inc., Enbridge’s annual meeting of shareholders and members of the broader oil community that the proposed $5.5-billion Northern Gateway pipeline is not going forward. 

It will be a difficult message to accept. The pipeline between the oil sands in Alberta and Kitimat on the northern coast of B.C. is a big plank in the oil-and-gas industry’s strategy to develop a new market for its products in Asia, a major part of Enbridge’s growth strategy, a key piece of strategic infrastructure for all of Canada, and a major job creator for Western Canada.

Alberta leak reminder of dangers

Northern Sentinel

Alberta leak reminder of dangers

A pipeline breach in northern Alberta last week that resulted in approximately 4.5 million litres of oil being spilled should be a reminder of the dangers that could face the region with Enbridge’s proposed Northern Gateway Pipeline project, says Skeena – Bulkley Valley MP Nathan Cullen.

“This should be another nail in the coffin for any idea of a pipeline across BC, and unfortunately paints a pretty clear picture of what happens when you ship oil over land. And it should be noted that this spill happened in an area that is a lot less rugged than on the coast and the proposed route for Enbridge,” he added.

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Rally against Enbridge Northern Gateway Project draws hundreds in Prince Rupert: Northern View

From Northern View, Prince Rupert

Rally against Enbridge Northern Gateway Project draws hundreds in Prince Rupert

Amidst the laughter, unity, and spirit of a rally against the
Enbridge Northern Gateway Pipeline Project, held in Prince Rupert
Thursday evening, there was one word that reverberated again and again
from participants. That word was no.

Organizer of the rally Jenn Rice said governments may come and go, but people on the North Coast are here to stay.