Originally Posted By: NickD90
And the day oil rebounds, the vultures will start circling again. Same as it ever was....


This. I have it on good authority that the company saying they are not currently pursuing crude oil storage was very careful in the announcement not to declare themselves officially out.

My guess is it will go like this: Export of crude is already underway in Texas, and that market is going to explode (no pun intended) very soon. Once that happens, supply will quickly dwindle, and the price will reach all-time highs. Warren Buffett will pull a couple billion out of his couch cushions to "convince" our legislature that exporting oil is "right for Washington." The tax revenue prospects will be too great for Inslee to resist, and he'll sign our natural resources, public safety, and quality of life away to the railroads (with bi-partisan support, of course).

Until we see at least ONE example of a government blocking a big money development project because the people were opposed or because it would be detrimental to the environment, we can assume EIS's, etc. amount to little more than very expensive formalities.