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Showing posts with label White Rose Extension Agreement. Show all posts
Showing posts with label White Rose Extension Agreement. Show all posts

Monday, 5 June 2017

FLAWED HUSKY DEAL GOES LARGELY UNREPORTED

If any member of the public as much as frowned last Monday when the Ball Government and Husky Energy announced agreement on the White Rose Extension project, they might have risked exile to the Funks or worse. Politicians, industry officials, hangers-on, the compradors (fixers and agents) and, of course, the media were all found ‘cheek to jowl’. 

Ditched, along with the champagne corks, was even the tiniest bit of perspective on the flawed deal even if, admittedly, it was an important one.

There is no question that the failure of OPEC to keep prices as high as Ed Martin had decreed, the end of the Vale and Hebron projects, and the consequent downturn in the housing sector, have everyone longing for the good “old” days. But economic challenges are not a time for governments to lose their minds, or embrace a future with a duration running only until the next election.

Siobhan Coady seemed within a nudge of shouting “we got it”, her restraint tethered only by the star of Galway who long ago appropriated the phrase with dubious claim.

The truth is the Premier and the Minister had only Husky’s ‘win’ to announce.