Comments on: UK Energy Price Increases http://www.vitaltrivia.co.uk/2005/10/34 Trivial thoughts on vital subjects Tue, 6 Jan 2009 23:52:47 +0000 http://wordpress.org/?v=1.5.1.1 by: edward Teague http://www.vitaltrivia.co.uk/2005/10/34#comment-60 Sat, 22 Oct 2005 19:56:45 +0000 http://www.vitaltrivia.co.uk/2005/10/34#comment-60 “It’s not about switching off the domestic customers but there could be problems for industry.” So that's alright then... I haven't got the figures to hand but last winter 03/04 the Canadian Fertiliser industry cut and almost ceased domestic production of fertilisers.... when the gas price was lower ... so they could export the gas to US. This was a short term policy because the Canadian wheat industry constantly needs nitrogen fertilisers. ...Preliminary results from a recent Coalition survey of major industrial energy consumers indicate that high energy costs are a factor for a significant number of companies considering future investments in Canada. “As energy prices remain high, companies are reassessing their future investment plans and considering options outside North America,” said Roger Larson, President of the Canadian Fertilizer Institute. “We need to act now to keep prosperity at home.” St. Andrews, New Brunswick, September 20, 2005 Coalition of Industrial Energy Consumers http://www.cnw.ca/fr/releases/archive/September2005/20/c1648.html ----------- “Agrium a fertilizer manufacturer, used the opportunity to sell the natural gas that they had bought at the lower prices. Now if suddenly there was a demand for this natural gas at higher price, so they start selling this natural gas. So rather than make fertilizer they were they selling the natural gas. They actually shut down half their plants, and they cut back on fertilizer production so they could sell this, make a profit for their shareholders, but unfortunately it was at the farmers expense.” CBC Radio Program Transcript September 2004 Like the LNG imports to Canvey Island being re-directed to US to make a quick turn. “It’s not about switching off the domestic customers but there could be problems for industry.”

So that’s alright then…

I haven’t got the figures to hand but last winter 03/04 the Canadian Fertiliser industry cut and almost ceased domestic production of fertilisers…. when the gas price was lower … so they could export the gas to US. This was a short term policy because the Canadian wheat industry constantly needs nitrogen fertilisers.

…Preliminary results from a recent Coalition survey of major
industrial energy consumers indicate that high energy costs are a
factor for a significant number of companies considering future
investments in Canada.

“As energy prices remain high, companies are reassessing their
future investment plans and considering options outside North
America,” said Roger Larson, President of the Canadian Fertilizer
Institute. “We need to act now to keep prosperity at home.”

St. Andrews, New Brunswick, September 20, 2005
Coalition of Industrial Energy Consumers

http://www.cnw.ca/fr/releases/archive/September2005/20/c1648.html
———–
“Agrium a fertilizer manufacturer, used the opportunity to sell the natural gas that they had bought at the lower prices. Now if suddenly there was a demand for this natural gas at higher price, so they start selling this natural gas. So rather than make fertilizer they were they selling the natural gas. They actually shut down half their plants, and they cut back on fertilizer production so they could sell this, make a profit for their shareholders, but unfortunately it was at the farmers expense.”

CBC Radio Program Transcript September 2004

Like the LNG imports to Canvey Island being re-directed to US to make a quick turn.

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