http://www.oregonlive.com/business/index.ssf/2011/07/oregon_lng_terminal_plans_reve.html




"This is the bastard marriage of our oil industry and the financial industry," said Paul Sansone, a former energy company executive and LNG opponent who lives in Gales Creek. "All along, the goal has been getting gas to be like oil; to break up these regional markets and have a world price so they can speculate on it."

Gas industry consultants like Pickering say that's not the way it would work. He acknowledges -- as industry analysts have -- there would be some price increases. But the industry says the main advantage would be to stabilize gas prices at a higher level and encourage more shale production. Increased supplies would keep a lid on prices, they maintain, while improving the U.S. balance of payments and creating jobs.






A Bastard Marriage is right! Between the good folks who brought us the 2 Gulf Wars with the Weapons of Mass Destruction lies and the fine upstanding people who gave us the housing mortage mess and the credit card scams. I wonder what the offspring will look like?


Edited by SBD (09/23/11 12:20 PM)
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There's a sucker born every minute