Gas industry touts energy independence, but builds infrastructure for export
Despite the gas industry's patriotic declarations of energy independence in their relentless ad inundation in radio, print, and TV media, it appears they have a different plan when it comes to natural gas. The gas companies are pressing forward with aggressive development for a massive infrastructure that will allow these companies to export natural gas overseas - enabling these billion-dollar corporations to tap into lucrative international markets and drive up corporate profit even further.
The scale of the planned infrastructure projects is enormous. In New York alone, there are currently seven major pipelines (Blue Stone, Constitution, Mark Connector, Millennium Phase I, Rockaway, and Spectra), a gas storage facility at Seneca Lake, multiple compressor stations including ones in Hancock and Minisink and a Liquid Natural Gas (LNG) processing facility, the Port Ambrose project, to be placed in the ocean off of the coasts of New York and New Jersey, which are in various stages of the approval process.
If the gas industry’s plan succeeds, the big winners will be the stockholders of the natural gas companies and the big losers will be the rest of us.
ReadMedia (press release) - March 28, 2012
The campaign is supported by Catskill Mountainkeeper, Citizens Campaign for the Environment, Earthjustice, EARTHWORKS Oil & Gas Accountability Project, ...
Madison County Courier - March 5, 2012
A lawsuit promptly followed, brought by Anschutz Exploration Corporation, which, according to Catskill Mountainkeeper, owns leases on more than 22000 acres ...