Monday, June 16, 2008

From The Daily Astorian - Critics Debunk PUC Commission's Beyer

Monday, June 16, 2008 12:05 PM

Critics debunk Beyer's LNG paper - PUC chairman tells Kulongoski he thinks importing LNG is a good way for the state to ensure supply, price

By CASSANDRA PROFITA - The Daily Astorian

The chairman of Oregon's Public Utility Commission has told Gov. Ted Kulongoski he thinks importing liquefied natural gas is a good way for the state to ensure future supply and stabilize prices.

Contrary to the findings of the Oregon Department of Energy, which released a study last month concluding Oregon doesn't need LNG, PUC Chairman Lee Beyer said an LNG terminal will help meet increases in demand for natural gas and could offer some savings in transportation costs, though it would sell for about the same price as domestic gas.

"Other regions of the country are all looking to secure access to additional gas supply sources, such as LNG and nonconventional gas, to replace supplies from quickly diminishing domestic and pipeline import sources," Beyer said in a five-page memo to Kulongoski sent May 30. "The Northwest should do the same."......For Complete Article, Click On Title Above.

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