Get Real, Editorial of TDA.
U.S. natural gas inventory has been enlarged – terminals are for export
The biggest misconception about liquefied natural gas (LNG) is that America's natural gas inventory is approaching empty. The spectre of diminished American natural gas supply is the premise on which NorthernStar LLC and Oregon LNG base their proposals for LNG terminals at Bradwood and on the Skipanon River.
Full story: http://www.dailyastorian.info/main.asp?SectionID=23&SubSectionID=392&ArticleID=64895&TM=52455.86
If there's no need for the more expensive LNG, why would anyone build a $650 million facility? (Blogger)
To Blogger. Why? So that eventually the pipelines can be used to EXPORT the plentiful U.S. domestic natural gas as LNG to other countries like Japan who needs it and will pay a premium price for it.
Posted by: ORPioneer | Oct 20, 2009 8:29:45 AM