The Daily 750









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LNG: That's One Sticky Tar Baby!

Friday, December 23, 2005

If you're interested in the LNG issue you must make the Astoria Citizen's Journal Community Forum a daily read. Port Commish Glen Taggart is a regular writer, and today he comments on the Daily A's editorial.

On Calpine's bankruptcy presenting an opportunity for the Port to terminate its lease, Taggart writes:
The port's lease is with Skipanon LLC (not calpine). For the port to get involved would mean that Skipanon LLC would have to declare bk (which they may or may not do) and approach the port about assigning the lease. So far, they have indicated it's business as usual and they are proceding. Of course, that may all change in the future.
On the Port shopping for Calpine and on the Port's mission, he writes:
Actually, Calpine came to us and asked to lease the property. Also, our "core mission" is economic development in our area. Not specifically maritime and fish related.
On the risk inherent in Calpine's financial stability, Taggart counters:
I'm still not sure what the risk is. This project will still more than likey keep moving forward. I'm sure that if calpine doesn't have the monetary means to accomplish this project, they will bring in a partner that can. Just my 2 cents here but a project this big doesn't just get walked away from.
Taggart dismisses the fact that the project is undesired by the majority of residents:
Yes but, it's also tenable to a large amount of people who live here. Don't they count too?
Taggart swipes away as "an opinion and one may or may not share this opinion" the fact that an LNG facility would, as the editorial states, "diminsih the environmental and aesthetic values" that attract new residents and visitors.

The bottom line: Will the Port move away from the project? Taggart is sticking fast to the tar baby: "We're not at that point yet (if at all)."

Which is just the way the old story ends:
"Did the fox eat the rabbit?" asked the little boy to whom the story had been told.

"Dat's all de fur de tale goes," replied the old man. "He mout, an den agin he moutent. Some say Judge B'ar come 'long en loosed 'im - some say he didn't. I hear Miss Sally callin'. You better run 'long."