Jordan Cove has big upside, despite report
I read a news article of Robert McCullough report about Jordan Cove economics in The Daily Sentinel. I found the report to be flawed and unfair at the simplest of levels.
Within seconds I can find trusted news articles that say the following:
LNG Canada and Coastal Gas Link have a combined capital cost of $46.4 billion Canadian.
Canada’s Bill C-69 may put the Coastal Gas Link regulatory approval in jeopardy, as it may make western Canada pipeline construction more difficult or costly.
Other considerations regarding Jordan Cove:
Jordan Cove will receive low-cost Alberta-priced gas supply from western Canada and gas supplies from the U.S. Rockies to the Malin, Oregon gas hub — through existing pipeline systems that meet highest quality regulatory standards.
This is an advantage as there is no regulatory or cost overrun risk to these high-volume delivery pipelines, as they are currently in operation. The pipelines from Alberta and U.S. Rockies have a declining balance toll amortization so pipeline tariffs will continue to decline, and be more competitive, over time.
The Alberta and U.S. Rockies pipelines to Malin have been in operation for decades and draw gas supplies from massive gas gathering systems that are fully connected to mainline gas transmission lines, have full natural gas liquids and gas processing treatment, and deliver a perfect, consistent clean natural gas composition consisting primarily of methane to Malin Hub and to the inlet of the Pacific Connector pipeline.
The Pacific Connector approval is under Federal Energy Regulatory Commission authorization, which many see as more efficient than Canada’s regulatory system.
Jordan Cove will deliver long-term contracted LNG to Asian markets that will compete against other long-term LNG supply contracts (Australia, Indonesia, Middle East, Russia, etc.). It is incorrect to compare a contracted, long-term, reliable supply of LNG to spot market pricing.
Like LNG Canada, Jordan Cove is a North America supply diversification to the U.S. Gulf Coast. It has a shorter, less complicated shipping distance with no Panama Canal costs or delivery risk issues. It has no hurricane or other possible supply disruption issues. Jordan Cove will draw gas supplies from large natural gas basins, through trusted, existing gas supply networks from two corporately fair, well governed, environmentally focused countries (Canada and the U.S.).
Jordan Cove will add tremendous economic value to western Canada, the U.S. Rockies, and southwest Oregon, with new capital investment, jobs, and long-term municipal tax benefits. It will be a highly cost competitive, long-term, reliable source of comparatively clean energy to Asian countries that are seeking to expand their economies and reduce higher intensity carbon consumption.
In my view, McCullough has produced an unfair, and purposefully confusing report. It is my hope that in the long run all of LNG Canada, Jordan Cove, and U.S. Gulf LNG facilities will be important LNG suppliers to global LNG markets throughout Asia, South America, Europe and other energy consumption destinations.
Volunteer, foster, donate to help local shelter animals
Thank you Will Coggin of the Center for Consumer Freedom.
Your letter in Friday’s Daily Sentinel was spot on. While many of the national animal rescue groups do good things, a donation to local organizations stays and makes a difference in your own community.
A serious need in Mesa County is reducing the number of kittens, puppies and bunnies born with no hope of finding a home. Cats are in the greatest need of this help.
I’m with Grand Valley Pets Alive, an all volunteer, home based non-profit formed to fund spay/neuter, and educate and assist with TNR (trap-neuter-return). GVPA currently has a waiting list of over 150 animals, and the people who care for them, waiting for financial help and the loan of traps and carriers. It’s another big kitten season, and some females are ready to go into their second heat. The four shelters who work with cats in Mesa County are full. Kittens need to be in foster homes until old enough to be spayed/neutered and adopted. The usual foster homes are full, more are needed.
If you would like to know more about Grand Valley Pets Alive, call 970 462-7554, visit our website grandvalleypetsalive.org, and our Facebook page. There are many ways to make a difference in the lives of companion animals. Volunteer, foster, donate!
Glacier National Park’s glaciers haven’t disappeared
Did the climate change? The last time I was in Glacier National Park, there were signs proclaiming that the glaciers would be gone by 2020.
Seems those signs have been taken down. And I just got rid of my fur coat. Maybe the resale shop hasn’t sold it yet.