RE:RE:RE:RE:RE:this is exactly WHY Goldboro LNG is needed...Yo Common, you're NOT VERY SMART ARE YOU..see below about multi-billion $$ property TAX breaks -maybe to you this is "standard hidden subsides"?? do your homework before making D$MB - A$$ comments..dwdc "Among them were seven sites along the Texas coast – four of which were approved for Chapter 313 tax breaks. Some touted their proximity to the Eagle Ford and the Permian as competitive advantages; all four announced their plans months before seeking subsidies. “The shale story just kept building and building over the past few years until, finally, we did the engineering and it just made sense,” Freeport LNG CEO Michael Smith said in November 2010, months before his company applied for a tax break to turn its recently opened facility to import gas into a hub for exports.
The projected tax breaks for these export projects are among the program’s largest: $456 million to Freeport LNG; $354 million to Sempra Energy’s docks near Port Arthur; $857 million to Cheniere’s site near Corpus Christi; $388 million to Exxon and Qatar Petroleum’s joint venture near Port Arthur."