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Old 07-29-2012, 03:29 PM   #41
Ducay
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Quote:
Originally Posted by GP_Matt View Post
The high gas prices were likely an anomaly and waiting for them to bring our province back to glory is like the high school sports star who won't stop talking about the good old days.

Agreed, but thats why the Northern Gateway pipeline is so ######EDLY IMPORTANT I AM GOING TO SAY IT IN CAPS AND BOLD.


Gigantic glut of cheap gas in North America = $2/GJ Alberta Spot prices (currently)

Gigantic shortage of cheap gas in Asia = $13/GJ on Japan/Korean exchanges. (was at $18 a couple months ago).

Don't get me wrong, the huge terminal at Kitimat isn't the end of N.A's gas price woes, but will provide a small dent in the current over-supply and get some extra foreign dollars flowing into the economy and some gas off our hands.
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