Quote:
Originally Posted by GP_Matt
didn't Quebec block Newfoundland from running their electricity through Quebec to the US market by saying that the only option was for Newfoundland to sell the power to Quebec for transmission to the US?
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No idea, but if BC didn't want a navy base would that fly? Because this is pretty much the same thing.
Quote:
Originally Posted by GP_Matt
The problems that I see with the refinery plan is the economics of the plan. He wants to buy the oil at Western Canadian prices, upgrade them and then sell the products at world prices. Once the oil companies get their product to the coast they will expect world prices.
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If BC allows the pipeline but doesn't allow raw bitumen shipments, then Black's refinery would have a monopsomy (i.e. be a sole buyer, kind of like a monopoly but in the buyer's favour) on all the oil that goes into the pipeline. He'd get the Western Canadian price (or close to it) until the pipeline bottleneck is resolved by other methods.