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Energy Liquidity

How much is enough for California? Also: Medieval thinking and Islam. Jimmy Carter's protocols. Tucker, Vietnam, and Iraq. Homnick Humor. More on Rudy and life. Mitt Romney explained. Coulter: A UK view. Plus much else.
p> CLASSICAL GAS br> Re: Bill Whalen’s Who’s Afraid of Liquified Natural Gas ?: /p>

“…The problem is, California generates less than one-seventh the total amount of natural gas that it needs to meet consumer demand.”

By making the above statement, Mr. Whalen is swallowing whole the line of a few energy companies, like Sempra Energy and Australia’s BHP Billiton. While it is true that California does not produce nearly all the natural gas it needs, the state never has produced that much. Rather, its supplies come from the Permian Basin, Colorado, Oklahoma, and Canada via several pipelines.

The U.S. Energy Information Agency’s latest forecasts of California natural gas use see it as flat for the next 30 years. Those same forecasts indicate North American supplies will be at least adequate to supply California needs during that time.

Yet the push for LNG goes on even though no state agency has even bother to stage a hearing where claims of need for LNG can be examined and cross-examined. What a way to make decisions that will cost Californians untold billions of dollars in additional natural gas rates for decades to come if any of the current planned projects are completed!

p>Mr. Whalen has been suckered, and I don’t know why. Did he want to be? br> — Thomas Elias br> California Focus columnist /p>
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