Saturday, May 28, 2011

Oregonian; N.W. Natural Gas's Calm Shareholders Meeting Doesn't Reflect Shareholder Happiness

Published: Thursday, May 26, 2011, 8:15 PM

Updated: Thursday, May 26, 2011, 8:19 PM
By Ted Sickinger, The Oregonian The Oregonian

Northwest Natural Gas Co.'s annual shareholder meeting Thursday was considerably calmer than in years past -- no noisy demonstrators outside the Oregon Convention Center complaining about pipelines and liquefied natural gas terminals; no outbursts inside from sympathizers who snuck past security. This year, it was a typical shareholder gathering of a monopoly utility: quick, orderly, with a graying crowd of stockholders ready for the coffee and cookies to follow. That was the good news for executives...... Read Ted Sickinger's Full Oregonian Report


Anonymous said...

From the article: (Northwest Natural chief executive Gregg) Kantor said Tuesday that he thought all efforts to build LNG terminals in Oregon were dead, whether it was for import or export.

"I don't see any hope of LNG being resurrected," he said. "Politically it's not going to happen in Oregon."

Bill Goodman said...

And, a happy Memorial Day to everyone. Thanks to our veterans for their service.