Political Quotes

On the recordOctober 25, 2005
I am not a big fan of LNG. Right now we need everything we can get, and it is okay in a pinch. But we buy it from Libya, Algeria, Nigeria, Russia. Do we want to go down the same road we went down with oil, of buying another part of our energy portfolio from countries that do not have real stable governments, that are not exactly good friends of ours, in fact, who are working to form a cartel as we speak, so they can, their terminology is, so we can get a fair price for our natural gas? When you have an abundant supply of your own, I think it is just not an appropriate policy to be going to foreign countries, and you have to build the most expensive ships known to man. You have to build these very controversial ports. I do not know about the ports in the gulf, you may, but we have a port in Baltimore that I do not think has gotten above 63 percent capacity in utilization. I do not understand that. When can you buy gas in other countries for $2 or $3, liquify it and bring it here in a ship? Why the ships would not be lined up and why that port would not be accepting all of the gas it could, because it is pretty profitable to go from $2 to $14, but for some reason it is not happening. {time} 2340 I have not been able to get answers on that, but I have asked a lot of people and I do not know whether the ports in the gulf, are they running wide open.
Said by
John W. Peterson
Pennsylvania

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