Study looks at socio-economic impact of offshore oil and gas industry in Newfoundland and Labrador

February 27, 2019 Canada

A newly-released study exploring the socio-economic impact of the offshore petroleum industry over a three-year period from 2015-17 offers a clear snapshot of how much it contributes to Newfoundland and Labrador’s prosperity. But while the numbers remain big, they’re also in decline when assessing both the direct and indirect impact the industry is having on the province. Funded by Petroleum Research Newfoundland and Labrador (PRNL), a non-profit organization supported by big oil companies operating in the province, the study confirms the industry is still an essential element to gross domestic profit. >click to read<14:36

Newfoundland and Labrador, offshore oil and gas industry, Petroleum Research Newfoundland and Labrador, socio-economic impact study

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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

It took me a while to decide how to most accurately describe the situation that has been visited upon the New England fishing communities that are and since colonial times have been dependent on the groundfish fisheries.

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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