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GasBuddy News Article


Offshore oil project will spark N. L. construction boom
Wednesday, August 20, 2008
The Expositor -- Newfoundland and Labrador will give the green light to the $5-billion Hebron offshore oil project today, setting off a long-awaited construction boom that's expected to bring a small army of skilled, young workers back to the province over the next three years.

Calvin Farewell, 27, hopes to be among them.

The Newfoundlander currently commutes each month to work in the tarsands near Fort McMurray, Alta. He says he's eager to learn details of how much work the oil consortium will be required to carry out at the shipyard in his hometown of Marystown.


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JT
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Message Posted: 8/20/2008 10:59:13 AM  Ignore JT Report Abuse
Wednesday, August 20, 2008
The Expositor -- Newfoundland and Labrador will give the green light to the $5-billion Hebron offshore oil project today, setting off a long-awaited construction boom that's expected to bring a small army of skilled, young workers back to the province over the next three years.

Calvin Farewell, 27, hopes to be among them.

The Newfoundlander currently commutes each month to work in the tarsands near Fort McMurray, Alta. He says he's eager to learn details of how much work the oil consortium will be required to carry out at the shipyard in his hometown of Marystown.

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REPLIES (newest first)
Dakota4x4
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Oklahoma City

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Message Posted: 8/21/2008 1:23:34 PM  Ignore Dakota4x4 Report Abuse
I'd imagine this field will not contribute any more than th existing alaska fields do now, and this will not come online for over three years, we'll be in proven decline by then and all this will do is slow down the inevitable decline... hope they are taking the environment into consideration
TBoneSoCA
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Orange County

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Message Posted: 8/21/2008 11:17:32 AM  Ignore TBoneSoCA Report Abuse
I'd rather see Canada get the revenues rather than OPEC...
Cyberpeep24
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Oakland

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Message Posted: 8/21/2008 11:16:24 AM  Ignore Cyberpeep24 Report Abuse
yes indeed
ramshot412
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Riverside

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Message Posted: 8/21/2008 11:16:23 AM  Ignore ramshot412 Report Abuse
Yep, keep pumping that oil for our gas guzzlers in the USA......

[Edited by: ramshot412 at 8/21/2008 11:17:34 AM EST]
NavyEOD
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Los Angeles

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Message Posted: 8/21/2008 11:15:11 AM  Ignore NavyEOD Report Abuse
We need alternative fuels.
Don20
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Oklahoma City

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Message Posted: 8/21/2008 11:14:09 AM  Ignore Don20 Report Abuse
We may still pay high price, but it will not be to OPEC..
dabuzman
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Seattle

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Message Posted: 8/21/2008 11:13:27 AM  Ignore dabuzman Report Abuse
Good news for Canada.
Lovelee
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Detroit

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Message Posted: 8/21/2008 11:07:14 AM  Ignore Lovelee Report Abuse
Domino effect. More people put to work.
bobsalwaysmt
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Long Island

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Message Posted: 8/21/2008 11:04:52 AM  Ignore bobsalwaysmt Report Abuse
Many regions and segments of the US Economy could use a similar "spark" - one more of the litany of reasons to Drill domestically
NoodlyWee
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Orange County

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Message Posted: 8/21/2008 11:04:28 AM  Ignore NoodlyWee Report Abuse
Good for them!
Gorlock
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Toledo

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Message Posted: 8/21/2008 10:59:46 AM  Ignore Gorlock Report Abuse
Good. Now they can raise prices even higher to pay for the drilling. Anything they do they will profit from and we the consumer will pay dearly.
Mickie08
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Jackson

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Message Posted: 8/21/2008 10:57:11 AM  Ignore Mickie08 Report Abuse
Go Canada. At least that country isn't at the mercy of Big Oil!
DarthDadJr
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Virginia

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Message Posted: 8/21/2008 10:55:11 AM  Ignore DarthDadJr Report Abuse
I have to assume that exploration and drilling will continue to pickup all over the world with oil over $100 a barrel.
Austin1850
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Austin

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Message Posted: 8/21/2008 10:52:39 AM  Ignore Austin1850 Report Abuse
this is good
gotgas2pass
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Dallas

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Message Posted: 8/21/2008 10:52:06 AM  Ignore gotgas2pass Report Abuse
Go get it, Canadians. You might as well have ours, too, since we Americans are too lazy to get our govt let us go get it.
kypeanuts
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Louisville

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Message Posted: 8/21/2008 10:49:52 AM  Ignore kypeanuts Report Abuse
at least there is some action somewhere
Gerund1
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Toronto

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Message Posted: 8/21/2008 10:49:02 AM  Ignore Gerund1 Report Abuse
Good for Newfoundland & Lab. Sadly, the oil will not begin to flow for many years.
laddyboy62
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Riverside

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Message Posted: 8/21/2008 10:45:33 AM  Ignore laddyboy62 Report Abuse
sounds good
Dinogam
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Toronto

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Message Posted: 8/21/2008 10:45:18 AM  Ignore Dinogam Report Abuse
After many years of economic hardship due to decling/vanishing fishery industry, it's nice to see Newfoundland booming like this
Caspertherat
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Arkansas

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Message Posted: 8/21/2008 10:43:38 AM  Ignore Caspertherat Report Abuse
OOps, I did not mean to imply the above areas are in the U.S. I was simply comparing this to the closed minds here in the U.S.
Caspertherat
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Arkansas

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Message Posted: 8/21/2008 10:42:14 AM  Ignore Caspertherat Report Abuse
Now if you ask House Speaker Nancy Pestillence she would say it will do no good to do this because the results would be too far down the road and might cause damage to the enviorment. I say she is so stupid. Any work to recover oil from the ground will help until we can figure out other energy sources. I would rather the U.S. drill and keep our money here than send it to some other country.
TwoEyes
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New Haven

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Message Posted: 8/21/2008 10:39:53 AM  Ignore TwoEyes Report Abuse
Today's news should help. Oil has spiked up $4.44 to over $119/barrel.
Nofries
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Atlanta

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Message Posted: 8/21/2008 10:37:56 AM  Ignore Nofries Report Abuse
Let's ship Pelosi up to help!
AKTigger99645
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Anchorage

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Message Posted: 8/21/2008 10:36:11 AM  Ignore AKTigger99645 Report Abuse
It's never too cold to work. Work doesn't start on Alaska's North Slope until the tundra freezes, to protect the environment.
ElCubano
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Miami

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Message Posted: 8/21/2008 10:34:48 AM  Ignore ElCubano Report Abuse
too cold to work up there!!!!
hugrad2005
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Kansas

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Message Posted: 8/21/2008 10:34:30 AM  Ignore hugrad2005 Report Abuse
Think we could ever do that? With our current gov't, I seriously doubt it. They can't get anything done!
BM4225
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Atlanta

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Message Posted: 8/21/2008 10:34:12 AM  Ignore BM4225 Report Abuse
Glade to see more development in N.America.
bluebird1
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Toronto

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Message Posted: 8/21/2008 10:32:08 AM  Ignore bluebird1 Report Abuse
Well, this is part of North America!!!
amacquarrie
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Nevada

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Message Posted: 8/21/2008 10:31:34 AM  Ignore amacquarrie Report Abuse
i second that
Arktander
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Illinois

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Message Posted: 8/21/2008 10:28:02 AM  Ignore Arktander Report Abuse
Let's get it going in America.
superglidefxd
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Michigan

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Message Posted: 8/21/2008 10:26:16 AM  Ignore superglidefxd Report Abuse
it sounds good
Blackice
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Twin Cities

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Message Posted: 8/21/2008 10:23:27 AM  Ignore Blackice Report Abuse
Now we just need to start our offshore drilling projects.
Chazzer
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Nevada

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Message Posted: 8/21/2008 10:19:09 AM  Ignore Chazzer Report Abuse
We can only hope!
spunky4443
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Washington

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Message Posted: 8/21/2008 10:18:05 AM  Ignore spunky4443 Report Abuse
Well its nice to hear good news, for a change.
roydarecker
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Minnesota

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Message Posted: 8/21/2008 10:16:02 AM  Ignore roydarecker Report Abuse
Drill!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
SeerLV
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Las Vegas

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Message Posted: 8/21/2008 10:14:46 AM  Ignore SeerLV Report Abuse
More oil production is good.
radicale
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Calgary

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Message Posted: 8/21/2008 10:11:18 AM  Ignore radicale Report Abuse
Always wondered what happened to Hibernia
ww2gas
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Virginia

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Message Posted: 8/21/2008 10:09:43 AM  Ignore ww2gas Report Abuse
I like it!
mfeldstein
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Ontario

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Message Posted: 8/21/2008 10:05:29 AM  Ignore mfeldstein Report Abuse
For all you guys who keep saying "Drill! Drill! Drill!" here ya go. Canada's doing it and Canada is the biggest supplier of oil to the U.S. in the world. So, the U.S. still has to depend on foreign supplies but it's at least better to be coming from a friendly nation and perhaps decreasing dependence on OPEC.
mattf373
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Atlanta

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Message Posted: 8/21/2008 9:55:17 AM  Ignore mattf373 Report Abuse
good news.
JDCOWBOY
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Missouri

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Message Posted: 8/21/2008 9:54:57 AM  Ignore JDCOWBOY Report Abuse
Ditch the democrates this November, or we will be sorry!!! You think prices are high now , just wait and see if the democrates lead more!! Listen to the crap from Peloci, and Muslim Obama!!!!!!!
Brockvillian
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Ontario

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Message Posted: 8/21/2008 9:53:40 AM  Ignore Brockvillian Report Abuse
That's good for the Newfee's I am happy for that province. Finally they will be "Have Province" instead of a "Have Not Province".
hblee
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Ontario

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Message Posted: 8/21/2008 9:53:28 AM  Ignore hblee Report Abuse
It'll be a few years before we can reap the rewards of this project. But
at least there is hope for the future while we will hopefully continue
to research and develop alternate energy.
Pede
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New Jersey

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Message Posted: 8/21/2008 9:53:06 AM  Ignore Pede Report Abuse
Why cant the US get on the band wagon and Drill drill drill
Or is it not of Nancy Polosie best interest because she is invested in oil stocks
Kthyme
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Fort Worth

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Message Posted: 8/21/2008 9:51:32 AM  Ignore Kthyme Report Abuse
You watch...Polosi will come back and encourage the dem's to sign a phoney bill that says one thing and means another from the way it's written. Just to try and fool us. They really think "We The People" are so very stupid.

She doesn't fool me and I'm sure she doesn't fool you either...Oh! Isn't it a conflict of interest if she invests her own money in that T Boone Pickens windmill source of energy plan??? She'll be doing everything she can to promote this...wait and see...

;)
techque
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St. Louis

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Message Posted: 8/21/2008 9:49:27 AM  Ignore techque Report Abuse
more Canadian oil.
US's falling further and further behind. . .
acknot
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Seattle

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Message Posted: 8/21/2008 9:45:46 AM  Ignore acknot Report Abuse
Obviously no Californian transplants live there.
rod1965
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Portland

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Message Posted: 8/21/2008 9:45:34 AM  Ignore rod1965 Report Abuse
When the cat's away the rats will play.
wmtbilly
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Delaware

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Message Posted: 8/21/2008 9:44:25 AM  Ignore wmtbilly Report Abuse
VICE PRESIDENT "HEBRON" huh?
Bruno44
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Texas

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Message Posted: 8/21/2008 9:42:52 AM  Ignore Bruno44 Report Abuse
We need for congress to come back from their extended taxpayer paid vacation and address this now. Pelosi and demos are blocking the offshore drilling in US, which includes 50 miles inland. Drill Here, Drill Now to meet our needs until a good economical alternative is developed.
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