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

Paramedics union raises alarm over spike in out-of-service ambulances

Staffing shortages affecting service levels in Kootenays

RED resort announces new ski lift

Topping lift will add new ski area to resort, reduce bottleneck on Motherload chair

Update: Bodies recovered from Pend d’Oreille River crash

To help support the family, a fundraiser has been set up at Kootenay Savings in Fruitvale

Split council vote changes Castlegar infrastructure levy from five to seven years

Major industry will be seeing a tax increase over the next seven years as well.

South Okanagan-Kootenay MP calls federal budget ‘not bold enough’

Richard Cannings, MP for South OK and Kootenay communities says budget missed the mark

VIDEO: Can you believe it? This B.C. hill pulls cars backwards up a slope

Sir Isaac Newton had clearly never been to this Vernon anomaly when he discovered gravity

European, Canadian regulators to do own review of Boeing jet

Air Canada plans to remove the Boeing 737 Max from its schedule at least through July 1

Prime minister defends Liberal budget measures as sales effort gets underway

Conservatives under Andrew Scheer say it’s a spree funded by borrowing against the future

Mayor meets with B.C. health minister on homeless taxi transfers

Two homeless people were discharged from Surrey Memorial and sent to a Chilliwack shelter

B.C. lottery winner being sued by co-workers

They claim he owes them $200,000 each, in a lawsuit filed in B.C. Supreme Court in Vancouver

Teacher reprimanded for conduct towards special needs student

Alan Stephen Berry told vice principal he did not have time to use positive strategies

‘Full worm super moon’ to illuminate B.C. skies on first day of spring

Spring has sprung, a moon named in honour of thawing soil marks final super moon until 2020

Having phone within sight while driving does not violate law: B.C. judge

The mere presence of a cell phone within sight of a driver is not enough for a conviction, judge says

Woman punched on the sidelines of B.C. soccer game

Both involved were watching the U21 game in West Vancouver from the sidelines when things got heated

Most Read