These jobs are not for locals
The permanent jobs
associated with the LNG export terminals will likely be high-trained positions
and not locally hired. Managers of the companies mention the need for
"experienced labor." At least one of the LNG companies is proposing a
"plug and play" system in which the LNG equipment is built overseas
and transported to Brownsville on a barge. This would, according to the fact
sheet, "minimize impact" to labor markets.
Because natural gas
costs so much to extract, refine, liquefy, transport and then regasify, U.S.
LNG exports are only profitable if gas prices outside the U.S. are very high.
When prices in Asia or in Europe are low due to OPEC's actions or to mild
weather, profit margins are simply too low to sustain U.S. exports. Many
market analysts, including Moody's Investor Services, have predicted that few planned U.S. LNG export terminals
will ever be built. Many also note that the LNG market is
likely to remain volatile and could be glutted for years.
The LNG projects in the Port of Brownsville could very well tie the Rio Grande
Valley to the boom-bust fossil fuel economy and saddle us with higher
unemployment and abandoned industrial sites.
The LNG companies will not pay their fair share
The LNG companies are
negotiating with Cameron County for a ten-year property tax abatement. That
means that they will not be contributing to Port Isabel ISD schools, nor to the
roads that their trucks will inevitably wear down, nor to the law enforcement
who will back up their security operations. We the taxpayers will
essentially be subsidizing them.
An explanation of how
the liquefaction plant will be constructed overseas and shipped to the Port of
Brownsville site from a May 2014 Texas LNG slide show
Brownsville Herald
headline April 29, 2015
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