Post by
Carlos66 on Jan 24, 2017 11:20am
Jordan Cove comments by Jim Cramer on CNBC
Cramer said...
---Jordan Cove was a huge project to liquify nat gas, (because there is a huge supply of nat gas) in Oregon was going to create a huge number of jobs was killed by the FEDS. This is the kind of thing that he (Trump) doesn't want to see. Huge job creator.
---(Cramer) people have to realize that a huge amount of nat gas goes by rail & this is a way for it not to go by rail.
---hopefully Jordan Cove/VSN LNG plant potential approval gets a mention (by Trump administration/investment professionals when the executive order to approve the Keystone & Bakken pipelines comes out.
carlos
Comment by
Windyhill on Jan 24, 2017 1:09pm
Hopefully the Veresen executives have raised the FERC issue with the TRUMP administration. I am sure that the LNG plant would create more Jobs in the "MAKE USA GREAT AGAIN" campaign Windyhill
Comment by
rdwww on Jan 24, 2017 2:54pm
guess Cramer was loaded before he said GO Jordan GO! certainly helping today. can all the parts for JC plant be sourced in the US?
Comment by
Beckysboss on Jan 24, 2017 3:51pm
Patience, Jordan Cove will be on the way soon. Last time the market was convinced JC was going to be built (before Obama dumped on it) the market had Veresen near $20. Today the company is much stronger, it will be the largest midstream operator in the fastest growing field in western North America by the end of the year. Jordan Cove will be a nice bonus.