Wednesday, June 15, 2011

Hess Let's Gas Go in Boston

Smells pretty good to some.

"Hess drops bid to build LNG plant in Fall River; Firm says outcry didn’t affect plans" by Beth Daley, Globe Staff / June 14, 2011

The Hess LNG energy company has withdrawn a controversial proposal to locate a liquefied natural gas plant in Fall River, welcome news for residents and political leaders who have spent almost a decade trying to prevent the terminal from being built in the crowded Southeastern Massachusetts city.

The company said it abandoned the Weaver’s Cove project because its imported gas would not be able to compete against inexpensive shale gas being produced in North America. Opponents, however, claimed at least partial credit.

“We finally put the stake through the vampire’s heart,’’ US Representative Barney Frank said in an interview yesterday. “It’s a good sign for citizens. . . . There is the idea the corporations always win.’’

The state’s only onshore LNG terminal — in Everett, just north of Boston — became a national symbol of the dangers of putting such facilities near populated areas after 9/11 highlighted the risks of a terrorist attack or accident....   

Related: Terrorists' Port-of-Call

Somehow they never seem to make it.

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