Tuesday, April 18, 2006

 

Dam two strings of the media gods are being pulled to smile on Newfoundland and Labrador's Hebron Ben-Never project

For Big Oil, it's a scary search
With the world in a state of unrest, Newfoundland's stability strengthens its hand as crude surges toward a record close
Apr. 18, 2006. 08:42 AM
DAVID OLIVE of the Star

By global standards of political instability and mounting violence that have made the oil and gas industry a dangerous neighbourhood, Newfoundland's latest confrontation with Big Oil reads like a chapter from Anne of Green Gables.

Just the same, in seeking an equity stake in the undeveloped Hebron Ben Nevis field in the Atlantic Ocean off the Newfoundland coast and rejecting a $500 million subsidy demanded by the U.S.-led consortium on the project, Newfoundland and Labrador Premier Danny Williams has been made out to be, in the headline of one Toronto newspaper, "Canada's Hugo Chavez" — a reference to the populist Venezuelan president hoping to use petrodollars to spread his influence across Latin America.


Buy your gas, coffee and donuts from ESSO AKA EXXON/Mobile and support their efforts to stone wall little old NL into accepting big oils terms.
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