Encyclopedia of the oil crash: F is for Fort McMurray – Macleans

…and First Nations, fracking, and fly in, fly out. View this and more in our encyclopedia of the oil crash

macleans.ca
February 3, 2015

“I think the falling price of oil has brought a lot of people back to [doubting] the necessity for the [Northern Gateway pipeline] project itself. It gives people a really hard look at the global commodity market, the way it can be manipulated to make a project seem viable. Right now, if somebody said, ‘I’m going to put a pipeline from Alberta to the West Coast of British Columbia at $40 a barrel,’ people would be getting a straitjacket for them. But our guard is never going to go down, even at $40 a barrel, when the project seems ludicrous. Their media budgets are probably pretty minimal right now. I don’t even see very many things promoting the tar sands . . . on TV. You already see the layoffs, everything tightening up really quickly. It just gives me a sober second thought that any economic benefit we’d ever see from that pipeline would be wiped out in, what, three months? You’ve risked everything for nothing. There’s not even a lot of call for us to go out and protest, because they don’t have anything going on. They’re not meeting over here. We watch for every blip on the radar, and we have not seen any.” As told to Nick Taylor-Vaisey (Photo: Amber Bracken)

Read more: http://www.macleans.ca/economy/business/encyclopedia-of-the-oil-crash-f-is-for-fort-mcmurray/