A Texas oil and gas exploration company has obtained leases to around 8,000 acres in the northern part of the Northern Neck — Westmoreland, King and Queen, King George, Caroline, and Essex counties.
Cove Point, MD, is located on the western shore of the Chesapeake Bay and is home to a small port where liquefied natural gas is imported. Dominion Power, owner of the Cove Point LNG terminal, has received permission from MD to expand the port to accommodate some of the world’s largest LNG transport ships so Cove Point can be turned into an internation LNG export port.
Natural gas from the Pennsylvania Marcellus shale formation, as well as from the Northern Neck Taylorsville shale will be piped to Cove Point. Draw a line from the PA Marcellus Shale region to Cove point — straight through Fairfax.
Why? Because natural gas is priced per million BTU. In the US, natural gas is now selling for around $5 per million BTU. Europe is paying $12/million BTU while China is paying $15 — and both Europe and China will pay the transport costs.
Connect the dots for yourself.
And don’t for a minute think the General Assembly will protect you. Go to the Virginia Public Access Project (VPAP) website and check your HOD and State Senate representatives financial statements — check how much $$ they have received from the “energy sector.”
We on the Northern Neck are “represented” by Delegate Margaret Ransone ($12,000 from the energy sector) and Sen. Ryan McDougle ($62,000 from the energy sector).
We’re screwed and we didn’t even get kissed.