Dear Sir:
Well, David Black has now got Chinese backers for his oil port, refinery and pipeline plan in Kitimat.
Good for him! There’s only one drawback to the idea at this moment.
The looming currency crash. The Gods of Mammon seem to like September/October for such events and pundits are predicting it for this year.
That means your entire worth is going to be numbers in a banker’s computer.
Are you really going to be worth anything? They could base it on a revised Gold Standard but the Bible says the gods are going to heap gold and precious things for the Last Days – James 5.
Governments might base your worth on the gross domestic product [GDP], the amount the country is worth by what is produces.
There won’t be a bail out like there was in 2008, say pundits.
In that case, Mr. Black’s idea of an oil refinery will be most handy.
But there’s a crunch. Will supertankers be able to navigate those hairpin turns in the Douglas Channel? It’s not a question of if there’s going to be an oil spill, but when.
Having tug boats tow them out is okay to start with but if there’s another economic downturn they may go with austerity plans to streamline expenses.
Speaking of streams, where are they going to dump the waste? We’re talking about oil sands [if the pipeline is approved] and the sands of the bitumen have to go somewhere.
In the deserts of the mid-east it’s easy but here we have a more fragile environment that allows no impact at all. And stop lying to the public! Good grief, there’s enough of that with the politicians.
I’m sure Mr. Black can write an article for The Terrace Standard and explain that to us. It’s the environmental impact I’m afraid of and so are a lot [a LOT] of other people, eh?
Brian Gregg,
Terrace. B.C.