Good news for Quebec economy as natural gas discovery is big

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THEICEMAN
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Good news for Quebec economy as natural gas discovery is big

Post by THEICEMAN »

I know this is old news....but apparently, the new natural gas discovery in the St-Lawrence low lands is huge. According to recent test, the reserve will be able to produce 1 million cubic feet per day. test have also concluded that very little impurities exist.

First production is set to begin in 2009, with full production beginning the following year. It looks like the field might be able to produce billions in royalty revenue for the provincial & federal government. The company that is working the field is called questerre.

Given the fact that all the homes in New England are heated by natural gas, & the fact that they are building a pipeline from the Riviere du loup port to the U.S, this might be very good for Quebec's economy!
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EI-EIO
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Re: Good news for Quebec economy as natural gas discovery is big

Post by EI-EIO »

so this means when the PQ manage to get 50.1%, they will be able to pay their share of the national debt on the way out the door? w00t!
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Four1oh
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Re: Good news for Quebec economy as natural gas discovery is big

Post by Four1oh »

This discovery will ensure Dion's Green Shift will be modified appropriately.
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xsbank
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Re: Good news for Quebec economy as natural gas discovery is big

Post by xsbank »

Sorry, Four1oh, that's "green shaft."
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Four1oh
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Re: Good news for Quebec economy as natural gas discovery is big

Post by Four1oh »

sorry! but isn't it funny? I can almost hear Dion scream...
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xsbank
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Re: Good news for Quebec economy as natural gas discovery is big

Post by xsbank »

In Quebec, most of the natural gas is located at the coordinates of the National Assembly. National my ass.

"Welcome to the Nation's Capital." Umm, no. Its not.
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Wild Cat
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Re: Good news for Quebec economy as natural gas discovery is big

Post by Wild Cat »

Um, I believe that reserve lies over on ancestral burial grounds :roll:
Oh and also remember Dion's energy plan thing? Yeah, apparently the whole tax thing doesn't apply to quebec :x
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