LNG Import Terminals Will Not Result in High Natural Gas Prices

ChronWatch.com ^ | April 17, 2005 | Wayne Lusvardi

[WayneLusvardi]

LNG Import Terminals Will Not Result in High Natural Gas Prices

Pseudictionary.com defines the term “pumping gas” as doing something airheaded. Thomas D. Elias, a Santa Monica based free lance journalist published in many California newspapers, must be pumping gas in his recent column “Decision means natural gas prices would stay high.”

Thomas Elias disguises his knee-jerk anti-business world view by sending out a false alarm that “natural gas prices will likely stay sky-high in California forever” if Liquid Natural Gas (LNG) operators are permitted to build facilities off the California coastline and ship gas through regional gas lines throughout the state. Elias frets that the California Public Utilities Commission (CPUC) has authorized the state’s gas companies to relinquish their reserved space in two of the largest natural gas pipelines serving California. In other words, Elias wants the vested natural gas companies (e.g., PG&E, So Cal Gas, SDG&E, Long Beach Dept. Gas & Water) to maintain their monopoly position by disallowing competitive users from access to regional natural gas lines. But, of course, Elias would never frame it that way in one of his columns. He wants you to believe that he is a consumerist looking out for the little guy.

[SteveMcKing]

It is a small nuclear bomb, those sites. I would never live near one.

[mmercier]

offshore lng terminal site requested off salem or gloucester massachusetts is being opposed by our so called representative tierney and the local press. have not even bothered to discover jfk's opinion on the matter, why waste the time.

in massachusetts we kill these ideas off during the permitting process.

we have enough twigs to go around.

[76834]

I've always wondered about the term "Liquid Natural Gas"
It's either a liquid or a gas but not both.

Also you cant pump a gas but you can compress it.
You cant compress a liquid but you can pump it.

Maybe they should call LNG "liquified methane"

[jimtorr]

Ummm, LNG stands for 'Liquified' Natural Gas. LNG is stored under high pressure and very low temperatures.

It's only liquid until it leaves the storage container, when it is warmed up and de-compressed.

[76834]

LOL
Understand, and now I think I will go pour myself a glass of liquified steam.

[RicocheT]

The proposed terminals are safe and about 22 miles off shore. The LNG would be decompressed and put into ordinary undersea pipelines to shore. More available gas lowers prices for consumers. Saying it would raise prices is an example of how liberals and environmentalists do not understand market pricing.

[bricks4all@aol.com]

The liquified "natural gas" comes to the terminals very cold, but it is stored at low pressure, near atmospheric. In the terminal, the liquid "gas" is pumped to pipeline pressure and heated to ambient temperatures where it re-gasifies.

[SteveMcKing]

You convinced me... I'll vote for it, if I get the chance.

[solitas]

They want to build one of those floating bombs in Long Island Sound (south of Guilford CT in NY waters) and there are all kinds of syrupy articles about how it's a good thing, and prices will drop (ha ha), and they generally equate it with the Second Coming.

Other articles state the reality that it will help screw-up the Sound even more (the lobstering and shellfishing industries in the Sound are taking a beating already) but provide an entertaining 'boom' visible to a hell of a lot of people when it finally 'goes'...