RE:RE:OTTAWA SAYS NO TO PIERIDAE LNG?As a very recent shareholder I also feel bad for anyone who believed an LNG plant could be built anywhere in Canada. Never mind the east coast, thousands of kms from big gas fields. I feel sorry for anyone who believes any pipeline expansion necessary for an LNG plant will ever get built anywhere in Canada. No, we are doomed to be price takers selling our natural resources of every kind to our entrepreneurial neighbours to the south. Those same resources will waft skyward and drift north following prevailing winds and river flows same as if we built them ourselves. Or, in the case of nat gas, our very molecules we sell at a huge discount due to "transport costs" will be loaded onto LNG tankers in the Gulf and shipped right by our east coast to Europe. Some may even ship all the way back as propane to Quebec for heating. All gas production/transport/consumption is connected directly or indirectly in North America. We are destined to apologetically sit around a campfire complaining about our high taxes, fuel prices, and climate change which the rest of the 99%+ of the globe's population produces. Oh well, pea will sell its abundant gas reserves to the USA like everyone else and we'll make good money doing it. Too bad the Americans will take it from the border and make money we could have/should have.
navajojoe wrote: Anyone who ever thought Pieridae would be building an LNG facility were either fooling themselves, or trying to fool others. I feel bad for the people who bought into the bs and have now lost a good chunk of their money. The scumbags who pumped the idea here should be ashamed.