Energy Developments—Top to Bottom

Northern British Columbia is about to get ultra-gassy thanks to a recent find by Apache Corp. in the remote and largely unexplored Liard Basin area. The company is calling it the “best and highest quality” shale gas reservoir in North America, with enough volume to justify doubling the size of the Kitimat terminal it’s proposing with partners Encana Corp. and EOG Resources.

“The good news is they’ve discovered lots of natural gas up in northeastern British Columbia and you guys should be exporting that gas for many years to come,” said Gordon Currie, a senior oil and gas analyst. “The bad news is that they have identified a lot of gas in northeastern B.C. and elsewhere and it has seriously depressed the price of the commodity.”

Not sure what the news is for fish and wildlife in northeastern B.C. as no one seems to know or care at this point. Read more glowing reports, here.

In other gas news, back in the lower 48 legislators are currently mulling over bills which could drastically reduce public input into the management of our public lands.

“One of the measures would charge people $5,000 to protest oil and gas leases and permits and curtail the courts’ ability to right federal agencies’ wrongs. Others would speed up the leasing and permitting process; require the Interior secretary to put up for bid at least 25 percent of the public land nominated for leasing annually; and circumvent environmental and conservation laws for huge swaths of public lands along the U.S. borders.”

Sportsmen for Responsible Energy Development—a coalition led by the National Wildlife Federation, the Theodore Roosevelt Conservation Partnership and Trout Unlimited—is asking you to say “no” to imbalanced energy/public lands legislation.

They say, “Sportsmen should support the concept of strategic planning for energy development as long as it fairly balances conservation of fish and wildlife resources. To ensure this balance, however, sportsmen must be heard.”

Source Link