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re: Biden Freezes New Gulf Coast Natural Gas Terminals, Says it will Lower Prices for US
Posted on 2/1/24 at 9:48 am to LSUgusto
Posted on 2/1/24 at 9:48 am to LSUgusto
quote:
Sad for Lake Charles and Cameron. Those LNG projects would provide a much-needed boost to the economy and population, which is still recovering from Hurricane Laura.
Yeah, what's really damaging is the negative economic impact this will have on LC, Cameron and other areas effected by the pause. One of my friends has a family member working on the Cameron/LC project for Global Venture. The total price tag is $13 BILLION while his company's share would be $250 MILLION. That's a lot of good paying jobs for Americans the Biden administration is putting on hold, and for no logical reason. Biden's official press release announcing the pause is idiotic and makes no sense.
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