Gasoline prices underline need for new refineryhttp://www.pacificfutureenergy.com/wp-content/themes/osmosis/images/empty/thumbnail.jpg 150 150 Don MacLachlan Don MacLachlan http://2.gravatar.com/avatar/8ddb7193e964a26effb6939f5a39e2f4?s=96&d=mm&r=g
That was the conclusion a newspaper columnist reported after big jumps in BC gas prices, attributed to the inability of current refineries to provide enough gas at the time.
In Victoria, columnist Jack Knox told readers of the Times Colonist newspaper on March 31:
“The price jumped seven cents a litre in a single day, to $1.319 from $1.249. If we try harder, maybe we can hit No. 2 next week. “
Knox went on to note: “B.C. used to have seven refineries but now has just two, the Chevron facility in Burnaby and a smaller one operated by Husky in Prince George. Having allowed most of our refineries to disappear, we rely on four big ones in Washington.”
And he quoted Dan McTeague at gasbuddy.com, a website that tracks gas prices across North America.
“’They’re willing to produce gas for us, but at a price,’ McTeague says. ‘We pay a pretty steep premium because of our inability to produce enough in our own backyard.
“‘As buyers, we’re in a weak position,’ McTeague says. If we balk, the refiners will simply sell the same gas to customers in San Francisco and Los Angeles.”
The Vancouver Sun reported on April 2:
“Prices were as high as $1.42.9 at dozens of gas stations Sunday from Vancouver to Surrey, Coquitlam and Maple Ridge. That is a 13-cent price hike from just a week ago, and 29 cents more than what motorists paid a year ago.
“And the reason? There’s not enough of it, according to Dan McTeague.”
PFEC project referred to environmental review panelhttp://www.pacificfutureenergy.com/wp-content/themes/osmosis/images/empty/thumbnail.jpg 150 150 Don MacLachlan Don MacLachlan http://2.gravatar.com/avatar/8ddb7193e964a26effb6939f5a39e2f4?s=96&d=mm&r=g
A review panel to be appointed by the federal government will conduct the environmental assessment for Pacific Future Energy’s proposed refinery.
Environment Minister Catherine McKenna announced that in Ottawa, but details of the panel and its operations are not yet known.
Pacific Future Energy’s CEO, Samer Salameh, said: “We look forward to working with the panel, and urge the government and the panel to seize this opportunity to co-create their review process with local First Nations. Co-creation with First Nations has been a priority for Pacific Future Energy since Day One.”
Pacific Future Energy Corp. (PFEC) proposes “the world’s greenest refinery” on a site halfway between Kitimat and Terrace. It would refine diesel, gasoline and other products from Western Canadian NEATBIT™ bitumen, brought to the refinery by train.
Media contact: Don MacLachlan, email@example.com, 604-329-8712
Status of our BC environmental reviewhttp://www.pacificfutureenergy.com/wp-content/themes/osmosis/images/empty/thumbnail.jpg 150 150 Don MacLachlan Don MacLachlan http://2.gravatar.com/avatar/8ddb7193e964a26effb6939f5a39e2f4?s=96&d=mm&r=g
The BC Environmental Assessment Office (EAO) confirmed on 04 July 2016 that our plan for the world’s greenest bitumen refinery qualifies for an environmental review.
That was Step 2 of the Pre-application phase of BC’s environmental assessment process.
A “Section 10 order” from the EAO confirmed that there will be a formal review.
Next step: The EAO will set the “scope, procedures and methods” for the review. We’ll update this page when that happens.