Re: Letter To The Port-2 -- Grassroots People Forum

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Date Posted: 08:46:54 05/12/10 Wed
Author: McGee
Author Host/IP: 97-120-121-28.ptld.qwest.net / 97.120.121.28
Subject: Re: Letter To The Port-2
In reply to: McGee 's message, "Letter To The Port" on 08:42:52 05/12/10 Wed

For your perusalş
From: K C PATRICK MC GEE (kc2patrick@q.com)
Sent: Thu 5/06/10 4:03 PM
To: admin@portofastoria.com

..."Cameron Horowitz, an analyst at SunTrust Robinson Humphrey, said increased domestic supplies of natural gas have slashed prices, killing the demand for LNG imports. Two other companies trying to develop LNG facilities in Oregon would face "slim" prospects of success, he said.

"Every year for the past five years, there's been talk that this country would be flooded with LNG imports, but it has never come to fruition," he said from Houston. "Given the outlook for U.S. natural gas prices and the rest of the world, I don't see it coming to fruition at all over the next five years."

Horowitz said LNG facilities on the Gulf of Mexico have been trying to win permission to ship LNG stockpiles back overseas.

NorthernStar's bankruptcy filing listed assets of $165,930 and liabilities of about $129.5 million"...

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Replies:

Re: Letter To The Port - 3 -- McGee, 08:49:22 05/12/10 Wed (97-120-121-28.ptld.qwest.net/97.120.121.28)