Monday, May 02, 2005

Competition from LNG will boost economy

ChronWatch goes in-depth and explains how building LNG will help California escape the monopoly on Enron's Transwestern Pipeline:

The U.S. East Coast already has four LNG terminals, but none are on the West Coast. Terminals that can receive liquefied natural gas, convert it back into a gas, and transport it through existing pipelines to end-users are currently under regulatory review by both Federal and State regulatory bodies along the Southern California coastline and Baja, California. They would provide competition to domestic natural gas providers and gas line companies such as Enron’s 2,600-mile Transwestern Pipeline and El Paso Gas Pipeline’s 2,500-mile pipeline, both from West Texas to California; the Kern River Gas Pipeline and Paiute Pipeline which ship gas from the Rocky Mountains; and the PG&E Pipeline which provides gas from the Western Canadian Sedimentary Basin