Tuesday, March 4, 2014

Do you think Corbett’s fracking companies are fracking the PA countryside so Pennsylvanians can cook with gas?


By Simon Tulett

Business reporter, BBC News

Those pipelines running through your backyard in Chester County will be carrying PA fracking gas to Cove Point, Maryland to be supercooled into liquid natural gas and shipped on LNG tankers to wherever they can get the highest price on earth. That price, set on the international market, will be the price that Pennsylvania homeowners pay for gas. 
 “Dominion, an American energy company long focused on U.S. markets, hopes to begin an expansion worth billions of dollars at its Cove Point complex on Chesapeake Bay later this year. As part of the plan, compressors fired by a new power plant would cool gas to -260 degrees F (-162 C) until it becomes the hot global commodity known as liquefied natural gas, or LNG.”

FROM:
BY TIMOTHY GARDNER
LUSBY, Md., March 2 Sun Mar 2, 2014 10:00am EST

Once Pennsylvania Marcellus Shale gas is converted to liquid natural gas and shipped on the world market your gas-heating bill will soar.

There is one major obstacle to be reckoned with before Dominion can get their LNG super cooling and shipping dock in operation.

LNG storage tanks and LNG tankers are prime terrorist targets. They have the explosive power of an atomic bomb.

The people living near Cove Point Maryland may need to be moved before Dominion can operate their dock.

When he was Governor of Massachusetts Governor Romney had this to say about a different LNG site:

"There is simply no way that it makes sense to site an LNG facility in this location in the post-911 world," Romney wrote. "A thorough review would confirm this conclusion."

FROM:


by Mark Reynolds, originally published by Providence Journal  | SEP 20, 2004

U.S. regulators don't share the concerns of the top official at the world's second-largest commercial insurer. A terrorist attack on an LNG tanker "would have the force of a small nuclear explosion," according to the chairman of Lloyd's, a British insurer of natural gas port facilities like the ones being proposed in Fall River and Providence… 


No comments:

Post a Comment

Please leave a comment