Here's how this works. If the refinery is to replace an export dock, it achieves exactly what the BC primer was trying to do, only for his own jeans not the public cofers. If that crude can get on a boat, it will sell for 10-20 dollars per bbl more because they will achieve brent based price in asia or the US west coast. If it stays in BC, it will achieve Edmonton based, WTI with a big discount pricing like crude does today. So instead of the BC public being the beneficiary like the premier wanted, it will be this single ###### who will get the value.
Essentially, the cheapest crude on earth is in Alberta. Alberta producers are trying to reach new markets as its stranded right now in Ontario, Illinois etc. All this guy is trying to do is continue to strand it on shore, solely for his benefit.
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