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

Qualicum Beach cinema group reaches fundraising goal

Organization wants to see a multi-use cinema in town

Man taken to hospital after driving off road in Qualicum Beach

51-year-old man from Port Alberni struck parked vehicle

City of Parksville rejected sharps disposal containers from Island Health

Mayor says cost of maintaining boxes too much for city

Parksville hopes ‘cookies and carols’ become annual holiday tradition

Free, all-ages community event set for next month

Man, 50, dies following incident in downtown Parksville

Teenage girl hailed as hero for intervening after witnessing situation unfold

Cold, stormy winter forecast across much of Canada, The Weather Network predicts

In British Columbia temperatures will be slightly above normal and precipitation will be just below normal

B.C. petition calls for seat belts in new school buses

Agassiz bus driver collects 124,000 signatures in support

Campbell River RCMP officer assaulted during traffic stop

Officer expected to make a full recovery; had been conducting impaired driving investigation alone

BC SPCA seeks help after senior cat attacked by dog twice

Nine-year-old tabby named Meow Meow will need her front leg amputated

Abbotsford police chief mulls more enforcement of homeless lawbreakers

‘When all else has failed we have to hold people accountable,’ Police Chief Mike Serr tells council

Striking Vancouver hotel workers, employer reach ‘tentative’ agreement

Employees of the Rosewood Hotel Georgia have been out at picket lines since talks broke off on Sept. 21

RCMP cut free activists chained to Kelowna bank, placed under arrest

The group is protesting Interior Savings Credit Union’s support of Kelowna Ribfest

Most Read