Premier Christy Clark addresses Truck Loggers' Association convention in Victoria Thursday.

Clark plans pitch to laid-off oil workers

Premier Christy Clark sticks to prediction of three LNG export plants by 2020, as oil and gas prices drop

Premier Christy Clark says the sudden drop in oil and gas prices might delay her government’s push for liquefied natural gas exports, but she is sticking to her latest prediction of three LNG export facilities in B.C. by 2020.

In a speech to the annual Truck Loggers’ Association convention in Victoria Thursday, Clark put a brave face on the global skid in energy markets and emphasized the need for more forestry workers. As she did the previous day at a natural resources forum in Prince George, Clark mentioned her government’s tentative plan to place ads at Fort McMurray airport urging B.C. workers to “come home” for job openings expected here as oil sands operations slow down.

Retirements and a recovery in the U.S. housing market will open up thousands of jobs in the forest industry, which will compete with LNG developments for equipment operators and other skilled workers, Clark told logging company executives.

Optimism for LNG is harder to find in the current world market, with some analysts saying U.S. gas exports are not competitive based on current price forecasts and competition from cheap oil.

A surge of new shale gas supply from the U.S. and other countries was already driving down LNG prices before crude oil dropped below $50 a barrel in recent weeks.

The price drop prompted the Canadian Association of Oilwell Drilling Contractors to downgrade its 2015 forecast for rig activity by 36 per cent this week. The association was forecasting nearly 11,000 oil and gas wells to be completed in Western Canada this year, but has cut that to 6,600 because of the price drop.

 

Just Posted

OPINION: Ten signs that Port Alice has changed

“Right now, our lack of amenities is holding back economic growth in our village”

Striking Western Forest Products workers could lose benefits in September

Union, forest company at odds over Vancouver Island benefit payments as strike enters third month

Port McNeill council discusses ‘bear aware’ and what you can do to stay safe

Port McNeill’s Conservation Officer Brad Adams gave a presentation about being ‘bear aware’.

Port Hardy RCMP release tips to prevent fraud and theft from vehicles

In many of the incidents reported, “the vehicles that were broken into were unlocked.”

Stranded hikers rescued by helicopter on Mt. Schoen

Campbell River Search and Rescue used hoist operation to rescue trio

B.C. sockeye returns drop as official calls 2019 ‘extremely challenging’

Federal government says officials are seeing the same thing off Alaska and Washington state

Expanded support to help B.C. youth from care attend university still falling short

Inadequate support, limited awareness and eligibility restrictions some of the existing challenges

Ethnic media aim to help maintain boost in voting by new Canadians

Statistics Canada says new Canadians made up about one-fifth of the voting population in 2016

Cross-examination begins for B.C. dad accused of killing young daughters

Andrew Berry is charged in the deaths of six-year-old Chloe and four-year-old Aubrey in 2017

Dog attacked by river otters, Penticton owner says

Marie Fletcher says her dog was pulled underwater by four river otters in the Penticton Channel

BC SPCA overwhelmed with cats, kittens needing homes

Large number of cruelty investigations, plus normal ‘kitten season’ to blame

Wife charged in husband’s death in Sechelt

Karin Fischer has been charged with second-degree murder in the death of her husband, Max

B.C. Hydro applies for rare cut in electricity rates next year

Province wrote off $1.1 billion debt to help reverse rate increase

Most Read