Monday, October 4, 2010

St. Lawrence drilling plan draws opposition
A junior oil company is at the centre of a growing political battle over canadas latest engergy prospect the gulf of St. lawrence. The exploration program being launched in the Gulf of St. Lawrence has raised objections from fishermen and environmentalists, also concerns raised by the governement of Quebec. If they find deposits of oil and gas in the largly unexplored area it would spark a rush of exploration activity in the ecologically sensitive waters, raising concerns about the impact on fish stocks, whales and other marine life that dwell  in the warm, relatively shallow waters. The push to open the Gulf of St. Lawrence to drilling comes in the wake of BP PLC’s massive oil spill at a well in the Gulf of Mexico, which spewed 60,000 barrels of oil a day and shut down the fishery for three months, with untold long-term damage. The BP spill has raised concerns about energy development in the Gulf of St. Lawrence. The amount of oil and gas in the gulf is would be able to run the province for an estimated 25 years. There is a high concern for the fish and the enivornment.

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