Platform Grace LNG Plan scrapped?

Crystal Energy had proposed placing an LNG receiving terminal off the Ventura County Coast, competing with the nearby BHP Billiton Cabrillo Port project. But according to a Malibu-based website, those plans may be on hold. According to Citizens Against Crystal Energy, Crystal Energy's partner, Veneco, has applied for permits from the State Lands Commission to drill for oil at Platform Grace--which, if approved, would be incompatible with operating an LNG terminal at that location.