Staking a future on fossil fuels

B.C.’s fossil fuel resources are, as yet, largely untapped — Alberta’s thriving oilsands projects have obscured the fact that production of conventional natural gas is past its peak in that province and is now in a permanent state of decline.



Meanwhile, gas exploration companies will invest an estimated $4.5 billion in 2006 in development of new resources in B.C. — and the province expects a further $2 billion in gas lease and royalty revenues.

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