RECENTLY ON TOL:
- A tumblr site dedicated to the people and places that make up Oregon and Southwest Washington.
My question for the panel is: given the fact that the financial backers of the Bradwood Landing LNG project pulled the plug on it, and that the market for natural gas on the West Coast is flooded with inexpensive domestic supply for the foreseeable future, why are the Oregon LNG and Jordon Cove projects still going forward?
I guess I would like the proponents to describe their economic modeling and their prospects for turning a profit. This seemed to be the flaw in the FERC process - no "need for fuel" or economic modeling requirement in their siting determination, at least as interpreted by the Bush Administration appointees to FERC.
posted 3 years ago
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