The odds

James McLeod reports in today's Telegram:

In taking questions from reporters, Williams said that neither the Lower Churchill project nor the Hebron offshore oil development were threatened by the current recession.

"I have absolutely no concern," Williams said. "Oil companies are long-term planners, they look at projects over a long time, first oil could be here as late as 2017."

Right on, Danny.

The odds of the so-called Lower Churchill project going ahead are just as good now as they were before all this recession talk started. There's been no change.

The odds are still zero.