Wednesday, May 04, 2005

Romero Report gets broad coverage

Opponents of Liquefied Natuiral Gas have complained about the public relatins efforts of the energy source's supporters...but you have to admit groups like Cal-CASE are doing a good job getting their message out far and wide. The latest coverage comes from the Long Beach Press Telegram:

State economic benefits from LNG-induced lower gas prices would include an increase in gross state product of $1 billion to $4 billion, 11,000 to 55,000 new jobs and $64 million to $306 million in additional tax revenue, the report said.

"That's equivalent to one to three months of economic growth in the state," said the author, Philip Romero, a professor at the University of Oregon. "This is not chump change."

Romero, who said he had no pre-conceived notions about LNG and acknowledged not being a natural gas expert, was hired by Sacramento-based Californians for Clean Affordable Safe Energy to compile the report.