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To: excardog who wrote (2478)3/18/2004 10:51:47 PM
From: mishedlo  Respond to of 116555
 
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Message 19932953



To: excardog who wrote (2478)3/18/2004 10:57:53 PM
From: mishedlo  Read Replies (2) | Respond to of 116555
 
LNG terminals from Steve on SI

SAN JOSE, Calif., Mar 18, 2004 /PRNewswire-FirstCall via COMTEX/ -- Calpine Corporation (CPN) has withdrawn its plans to proceed with a liquefied natural gas terminal at Samoa Point, in Eureka, Calif., and is ceasing development activities.

money.excite.com

That's the third project I know of cancelled in the last few weeks.

NEW YORK (Reuters) - ConocoPhillips (COP) and TransCanada Corp. (TRP) on Wednesday said they are suspending work on a liquefied natural gas project in Maine, a day after area residents voted not to lease the land for the terminal.

money.excite.com

MEXICO CITY, March 1 (Reuters) - Marathon Oil Corp. (MRO) said on Monday it was ditching plans to build a liquefied natural gas plant on Mexico's Pacific coast after the state government expropiated the site it was eyeing.

money.excite.com

I don't recall oil companies ever rolling over so easily. Can't help but wonder what's up.

Steve