[Newsbot]

Title: The 10-billion-barrel battle
Category: Business
Posted By: Hyack
Date: 2009-11-21 18:22:09
Canadian

[ridenrain]

We need to proceed with this. This is a vital resorce that BC & Canada needs to develop.

[Canadian_Mind]

save it for times when oil is more valueable.

[ridenrain]

It takes years to set up these things and we should be ready.
Why should we drill the east coast an dnot the west also?

[sandorski]

Another BC moratorium I wouldn't mind seeing end is the moratorium on Uranium Mining.

[ridenrain]

Is there a legitimate market for more uranium?

[GreenTiger]

Yes, proceed with this, we need more Canadian oil.

I wish there was enough there that could supplu us. I'd rather deal with friends than the F wierdo nations.

[uwish]

Canadian_Mind wrote:

save it for times when oil is more valueable.

no, it takes 5 to 8 years to bring a field into production in conventional reservoirs. Offshore it can take longer. The time is now.

[sandorski]

ridenrain wrote:

Is there a legitimate market for more uranium?

I really don't know, but the Moratorium pretty much renders the question Moot.

[ridenrain]

True. I'm definately pro-mining but there's no need if it's not economical. I honestly don't know if there is a market for more uranium. Maybe when nuclear power finally gets better established.

[KorbenDeck]

Quote:

All of the First Nations representatives who took part also opposed lifting the ban

.

That's because they are still fighting in the courts for total rights of all offshore resources in B.C.

[CanadianJeff]

ridenrain wrote:

True. I'm definately pro-mining but there's no need if it's not economical. I honestly don't know if there is a market for more uranium. Maybe when nuclear power finally gets better established.

A little off topic I know but don't you have any concerns with Nuclear power when it comes to the waste being around for tens of thousands of years that our kids will have to deal with?

I know that was my largest concern with the reactor posed here in Saskatchewan.

That and where Nuclear power has been used long term there may be problems but that reactors nowadays are built very differently from those in the past with more safety in mind. In other words the concerns of safety in my mind were addressed via better engineering.

[DrCaleb]

CanadianJeff wrote:

ridenrain wrote:

True. I'm definately pro-mining but there's no need if it's not economical. I honestly don't know if there is a market for more uranium. Maybe when nuclear power finally gets better established.

A little off topic I know but don't you have any concerns with Nuclear power when it comes to the waste being around for tens of thousands of years that our kids will have to deal with?

No, it doesn't have to. There are methods of re-processing the 'waste' back into usable fuel.

http://en.wikipedia.org/wiki/Breeder_reactor
http://en.wikipedia.org/wiki/Fast_breeder_reactor

Japan has been doing this for decades. It's getting the tree huggers who say we need to end our dependence on Oil, but then protest the transport of nuclear waste, to see the light (while driving their cars to the protest).

[Bruce_the_vii]

I calculate that over the life time of a Candu reactor the amount of fission products is 2.5 cubic meters, small.

[Canadian_Mind]

I think people are missing my point, should buy from the foreign fucked up countries now while oil prices are still relatively low, vs still having them as suppliers 50 years from now when they will have us by our throats at 1000 dollar a barrel oil.