Jordan Cove is a win-win
By Don Pettygrove
Published Thursday, June 1, 2017 9:36 am
Kudos to the Trump administration for reviving the Jordan Cove Project and vowing to make the project a priority. It's refreshing to have an administration that supports energy development and is excited about stimulating our country's economy while contributing to our independence.
In western Colorado, we are sitting on a treasure trove of natural gas reserves in the Piceance Basin. Expanding U.S. LNG exports is critical to the development of this area. Our gas is a "dry" gas that doesn't have the value of the "wets" that most other gases have. We need to find sources that value it for the energy value primarily. Asian markets recognize this. Green lighting Jordan Cove will reinvigorate natural gas development in our region creating a vast economic benefit to surrounding bedroom communities like Grand Junction and Rifle.
Boom and bust naysayers should also be quelled by the Jordan Cove project. LNG development is sustainable for decades to come and several Asian Pacific markets have already committed to purchasing LNG for decades to come. This sustainability removes the fears of the boom and bust cycles that we have experienced in the past and that are typically associated with the industry. The Jordan Cove project is truly a win-win: it's good for our region, our state, our country and is helping our global allies. We have a valuable resource in our backyard that the rest of the world needs -- it's time to cut the red tape and capitalize on it. Now that the voters in Coos Bay have knocked down the radicals proposal to prohibit it, the Jordan Cove Project can proceed and should, for our health and that of the economy of Colorado, Oregon and the Unites States.