Wednesday, August 31, 2005

LNG creates Jobs

In a perhaps-ill-timed article about the economic impacts of liquefied natural gas, the Ventura County Star examines LNG's benefits along the Gulf of Mexico.

The LNG rush headed for Ventura County in the form of two proposed offshore stations is nothing compared to the stampede elsewhere. Five import stations currently take natural gas from places such as Trinidad and Algeria and pipe it into the U.S. Four times that many are proposed in the Gulf of Mexico and the land bordering it. Seven more proposals cluster the Atlantic coast beginning north of Boston.

It's as if someone struck gold and everyone wants a piece.