Kinder Morgan to acquire Terasen
Aug 2, 2005 7:05 AM
Kinder Morgan Inc, Houston TX, is acquiring Terasen Inc, Vancouver, British Columbia, Canada, for $5.6 billion.
Yesterday we get this result :
Huge Burnaby oil spill
12-metre geyser from broken pipeline empties homes
Derrick Penner and Kelly Sinoski, With Files From Catherine, Vancouver Sun
Published: Wednesday, July 25, 2007
A 12-metre geyser of crude oil spewed from a broken pipeline in a Burnaby neighbourhood Tuesday, forcing people from their homes, contaminating the area and sending a thick, smelly torrent down storm sewers and into Burrard Inlet.
Aerial view of the area of Inlet Drive and Ridge Drive where a Kinder Morgan
crude oil pipeline was ruptured Tuesday afternoon. The geyser of oil coated
roads, vehicles and homes. Photograph by : Ian Lindsay, Vancouver Sun
Back in the spring of '05 we had our first Letter to the Editor published in the Vancouver Sun. In it we suggested that selling Canadian assets to outfits like Kinder-Morgan was ill advised.
We rest our case . . . .
(Cross-Posted from Moving to Vancouver)
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