Saturday, June 18, 2011
One less LNG proposal in the US
Hess LNG is pulling out of its project in Fall River, Mass. The market just isn't there for imported natural gas, they said. This one never really had a chance. It was a logistical nightmare and was opposed by powerful people like John Kerry and Barney Frank. It scared a lot of people, and now that it's officially off the table, I want to thank it for strengthening the anti-LNG movement.
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