Friday, February 12, 2010

Ted Sickinger - The Oregonian: Oregon's LNG Terminal Futures Dependent On Global Market

Oregon Business News
Ted Sickinger - The Oregonian
January 23, 2010

Five years after energy developers started sniffing around Oregon as a likely spot to build an import terminal for liquefied natural gas, the air has come flooding out of the gas market like a whoopee cushion, making such proposals sound economically reckless.

With a worldwide recession in full swing, there's LNG to be had. More cargoes are expected to land this year in the U.S. -- the industry's market of last resort -- even though demand is low and gas prices have cratered.

Read Sickinger's Full Article

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