It’s all about the money: Cullen

Last Wednesday Skeena-Bulkley Valley NDP MP ventured into the heart of oil sands country - Fort McMurray.

Last Wednesday Skeena-Bulkley Valley NDP MP ventured into the heart of oil sands country – Fort McMurray.

There he met with some oil companies, the local municipality and first nations in the area to find out what their positions were and let them know what his concerns were.

Cullen said he had talked to them about the need to upgrade the bitumen to “stop this madness of sending things out raw.”

That sentiment was echoed by the municipality and even some of the oil companies, he added.

“Things are going guns ablazing here, there is more work than they possibly know what to do with,” Cullen said.

But while people were buoyant about the local economy, they were also asking when did it become too much.

Cullen said he didn’t get the feeling from the community or some oil companies that there was a burning desire to open up even more lands.

“It’s more than enough as it’s shaping up right now.”

Cullen was asked by the Northern Sentinel if he had got any explanation as to why new upgraders or even a refinery were not being built in Alberta.

He said one factor is that if there is any refining capacity available elsewhere around the globe, the multi-national companies involved in the oil sands want to ship the crude there.

And “if there’s an upgrader somewhere else they can use, they’ll do it.”

In the same vein, if they can build an upgrader cheaper somewhere else, that is also what they will do.

Cullen said the main barrier was expense, pointing out that building an upgrader would cost in the area of $3-4 billion.

“Can they make money at it? Absolutely. But can Shell or Exxon make more money out of sending it out raw? Probably.”

At the other end of the supply chain China’s primary interest was in energy and they wanted it in its rawest form.

That, he said, was because China would rather add value (upgrading or refining) in its own country because the cost was lower.

Cullen said the whole issue of crude exports begged the question, just what or who is the Conservative federal government standing up for?

Answering his own question, he said “This government has never met an oil company they didn’t think was perfect or brilliant in every kind of way.”

 

Just Posted

Repen: FOI data proves Telkwans being ripped off by ICBC

Former Telkwa mayor received a response from ICBC and says the results don’t look good for residents

Fires still burning near Telegraph Creek

BC Wildfire Service assures residents of a proactive plan heading into wildfire season

Northwest entrepreneurs pitch their plans for cash prizes

ThriveNorth announces 12 finalists in this year’s business challenge

Gas prices spike in northern B.C. ahead of the long weekend

Fuel went up 17 cents overnight in Prince Rupert

Stellar musicians, performers recognized at 54th Pacific Northwest Music Festival

More than 150 awards, scholarships given out to Northwest B.C. participants

‘No answers:’ Canadians react to Sri Lanka bombings that killed hundreds

The co-ordinated bomb attacks killed at least 207 people and injured 450 more on Easter Sunday

RCMP confirm witnesses say body found at Kelowna’s Gyro Beach

Police tape is blocking part of the beach and several RCMP officers are on scene.

B.C. fire department rescues kittens

Enderby homeowner not aware kittens in wood pile near garbage pile fire that got out of hand

QUIZ: How much do you know about Easter?

Take this short quiz and put your knowledge to the test

B.C. VIEWS: NDP’s lawyer show is turning into a horror movie

Court actions pile up over pipelines, car insurance, care aides

Global Affairs warns Canadians in Sri Lanka there could be more attacks

A series of bomb blasts killed at least 207 people and injured hundreds more

Waste not: Kootenay brewery leftovers feed the local food chain

Spent grains from the Trail Beer Refinery are donated to local farmers and growers, none go to waste

Deck collapses in Langley during celebration, 35 people injured

Emergency responders rushed to the Langley home

Most Read