Milobar grills Enviro Min Heyman on timing of Kinder Morgan announcement
VICTORIA — For a third day, Kamloops-North Thompson MLA Peter Milobar has pressed Environment Minister George Heyman in the BC Legislature, demanding details on the timing of his announcement of oil spill response regulations related to the expansion of the Kinder Morgan Trans Mountain pipeline.
On January 30, Heyman announced a ban on increased bitumen shipments off the BC coast until the government is ensured adequate spill protocols are in place.
Milobar, who serves as the BC Liberal government’s environment critic, says ahead of that announcement, Kinder Morgan lost $800 million in stock value.
He says anyone who would have known about the pipeline announcement could have profited greatly from “shorting” Kinder Morgan stock.