Once upon a time, a real estate developer dreamed of building a planned community. The developer, Syd Kitson, envisioned a “city of tomorrow™” in southwestern Florida, designed for efficiency,...
says. And, now that El Paso has exited the LNG business, this approach to building and operating LNG terminals might go untested for some time, EIA says.
Given that prices for gas are high and that the hydrogen economy or even a transatlantic pipeline technology never before seen is long off, LNG terminals will have to be built and financing will have to made available. Otherwise, the only answer to high gas prices will be that of Energy Secretary Spencer Abraham: conservation.
Articles found on this page are available to Internet subscribers only. For more information about obtaining a username and password, please call our Customer Service Department at 1-800-368-5001.