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Natural Resources committee I could go on all day about the benefits of pipelines. For one, every pipeline that exists is taxed. The Northern Rockies Regional Municipality gains from this taxation and so does the provincial government. A pipeline, other than the maintenance people going to it, doesn't as
April 8th, 2014Committee meeting
Bill Streeper
Natural Resources committee With participation with the government, we have no infrastructure deficit. It is all being supported by the oil and gas industry. It is through the LNG projects going on that we are receiving money from the provincial government to aid in the development of our community. If it
April 8th, 2014Committee meeting
Bill Streeper
Natural Resources committee The figure of 200 years is the figure we're using that we've been involved in, but I'd also like to stress this 200-year figure did not exist 10 years ago. The advancement of drilling technology, especially the use of fracking, has opened up mass amounts. If we have as much tech
April 8th, 2014Committee meeting
Bill Streeper
Natural Resources committee We have basically a road we call the SYD Road that runs to the east and to the north of Fort Nelson. This road was 100% built by the oil and gas industry. This road is presently used for recreational hunting by local citizens. It's used by first nations people to access their tra
April 8th, 2014Committee meeting
Bill Streeper
Natural Resources committee Right now for direct employees we're running approximately 26. These are year-round employees. I'd like to step back a minute, Bob. Earlier you asked me a question about royalties, and I think I told you $90 million. That should be $90 billion: I was off a few dollars. When you
April 8th, 2014Committee meeting
Bill Streeper
Natural Resources committee Yes, we do.
April 8th, 2014Committee meeting
Bill Streeper
Natural Resources committee That has been quantified.
April 8th, 2014Committee meeting
Bill Streeper
Natural Resources committee For the secondary amount? No, I don't have a number for the secondary amount, I'm sorry.
April 8th, 2014Committee meeting
Bill Streeper
Natural Resources committee It's a lot larger than the royalty rate. Correct.
April 8th, 2014Committee meeting
Bill Streeper
Natural Resources committee We're in the final completion stages of a recreation centre. When done, the value of the recreation centre will be in excess of $80 million. This is the complete backbone of our community. Our rec centre does everything but give birth. Actually our rec centre is used for all comm
April 8th, 2014Committee meeting
Bill Streeper
Natural Resources committee The amount of royalties to date that have been paid average around $90 million, and that is just the royalty paid to the government. That does not include what we call secondary taxes paid in fuel, income taxes, or land use. That is strictly the royalty amount.
April 8th, 2014Committee meeting
Bill Streeper
Natural Resources committee Good morning. Thank you very much for allowing me to make this presentation to a group like this. In our minds, this is very important. The industry of oil and gas exploration and development has been very important to our region. Our community is completely reliant on oil and g
April 8th, 2014Committee meeting
Bill Streeper