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Gas Shale Changed LNG Market Not Opposition

Last week Hess Corp. announced it was withdrawing its application to construct an LNG receiving terminal in the Providence, Rhode Island area.  A local newspaper congratulated itself that its editorials helped mobilize the opposition it credits with stopping the terminal.  Not surprisingly, New England has little appreciation for the energy business, except when oil prices go up, and the changes that have occurred in the natural gas market due to the success with gas shales.  =>Continue Reading

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