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That’s less than last September’s sale alone, which generated $17.2 million, and that is less than 10 per cent, of the record September sale of $220 million in 2008.
That in turn is more than double this year’s eight month running total, of $96.2 million, and that has prompted the province’s new finance minister, Mike De Jong, to voice grave concern about post recession government natural gas revenues.
It remains to be seen if this week’s Spectra Energy/British Gas pipeline proposal had any positive impact on today’s sale. However, after dropping to under $3.00 earlier this morning, it has bounced back to $3.062 per million BTU this afternoon.
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