Sponsored by Forest Grove Economic Development

Fuel's gold

| Print |  Email
Articles - March 2014
Tuesday, February 25, 2014
Article Index
Fuel's gold
Page 2
Coos Bay's North Spit:
site of proposed LNG export facility


The coastal town of Coos Bay appears poised to land every economic development director’s dream: a single employer that will bring hundreds of family-wage jobs and millions in tax revenue.

The Jordan Cove Energy Project, a joint effort between Canadian energy group Veresen and Oklahoma-based infrastructure company Williams, is considering building a liquefied natural gas (LNG) plant on the north spit of Coos Bay. The facility would accept natural gas from a new pipeline originating in Klamath County, liquefy it and ship it to markets in Asia. 

Michael Hinrichs, director of public affairs for the project, says the effort represents a $7.7 billion investment, which would make it the largest single private investment in the state’s history. “That’s even more significant when you consider it’s in southern Oregon, an area that really needs development.”

Building the LNG facility and accompanying power plant will bring 2,100 construction jobs to the region, Hinrichs reports. Pipeline construction will bring an additional 1,400. Once the plants are up and running, they’re expected to employ up to 200 people and create 700 indirect jobs. 

How many of those workers will be locals is still a matter of debate. Jordan Cove aims to hire construction workers from Southern Oregon, Hinrichs says. However, many of the positions at the LNG plant and the pipeline are highly specialized and require skills residents are unlikely to possess. 

Rodger Craddock, Coos Bay’s city manager, still considers the glass half full. “We’re looking at all the spin-off businesses that will develop to service those new workers,” he says. He points to a new hardware store, an auto-parts store and a microbrewery that recently opened in the area. Properties that have been off the market for a long time are coming back because people realize changes may be coming. 



-2 #1 RE: Fuel's goldGuest 2014-03-15 01:18:29
The good citizens of this are will no doubt find a way to stop this from happening. Anything that might provide jobs and help the economy is automatically protested and vigorously denounced. I have no idea why, I have never understood it, but it has been this way since at least the 70's when I was in high school here. "We log and we mill and we fish, we don't want anything else." Well guess what, there's almost no mills, there's almost no fish, and what logging get done get loaded out to Japan or China. Take a dose of reality people.
Quote | Report to administrator
-3 #2 EPA RoadblocksGuest 2014-03-17 19:23:59
I agree with you regarding delays but don't you think much of it is the militant environmentalis ts rather than the citizens of Coos Bay? I think there are a lot of people who are interested in expanding something besides the pot stores and pawn shops which resulted from the economic destruction of the timber industry. If we can control the feds maybe this will happen.

Unfortunately the same morons who wanted to "save" the Spotted Owl by closing the forest are now talking about killing the Barred Owls instead of rethinking their original and stupid decision to shut down industry to save a bird.
Quote | Report to administrator
+2 #3 do the mathGuest 2014-03-17 20:44:09
The jobs created are jobs that will bring people in to build and then they will move on leaving just 10% of the jobs remaining.
Bom bust for the area that really depends on recreation and tourism and has for over 100 years.
Sold out lodging and food bustling traffic for the construction time sending decades of loyal tourists else where.
This is more of the trickle down economics of foreign yes out of state corporations using Oregon for a big profit from their land locked corporate desks.
It is a bubble at best and adds to the already daily pollution we get from Asia now in their uncontrolled energy uses and pollution in mfging. Yes, 30% of the Oregon coast air pollution daily comes from Asia factories mostly China at this time.

Take a trip to Newark New Jersey to see what this looks like after 30 years or more of allowing it to trash that coast line area.

Do the math 200 new jobs or over 200,000 lost tourists and climbing..
You spell Oregon OREGON not Oklahoma
Ever been to Oklahoma, they don't have jobs either and for sure no tourists..

Oh did I forget about environmentalis ts Oregon Shores will speak for themselves.
Quote | Report to administrator
+1 #4 Rev.Guest 2014-03-17 22:42:10
Or populace does not have to be pulled into warring camps on this. A very small number of people have captured the process through familiar ways, and are using a bullhorn, while common sense and environmental concerns are pushed aside. Oregon lost more forest this past burn season than it has in 60 years, the ocean is experiencing massive die offs, and people everywhere are looking for green solutions, but the non-leaders in Coos County want to turn the largest estuary in the state over to a foreign gas company.

Historically, we have treated the Coos Estuary poorly, from blowing up log jams to releasing sewage into it, and now this proposal to position a gas export facility in its very mouth would be a nail in its coffin. The promise of "jobs" should translate as "gainful employment", which we all want. Gainful employment would not degrade the quality of life for a whole community.

The Jordan Cove project will grind to a halt this year, for a variety of reasons, and Veresen will call their lawyers home, . Perhaps our current slate of non-leaders will go with them.
If not, the voters may give them the "boost" they deserve.
Quote | Report to administrator
+1 #5 RE: Fuel's goldGuest 2014-03-21 04:40:50
Anyone else besides me find it ironic that in the column off to the left of this article you can find this lead-in to another article: Quote:
Are we ready? Oregon business and disaster preparedness
BY MICHAEL R. WARFEL Living in the beautiful Pacific Northwest means enjoying our wonderful surroundings, while remaining aware of the multiple types of natural disaster threats that we face: winter storms, windstorms, floods, landslides, earthquakes, volcanoes and tsunamis.“
Building a LNG plant on a sand spit in a Tsunami zone is INSANE. Everyone keeps saying we're past due for the big one. Where is the common sense here??? Gone, gone in the face of all the greed.
Quote | Report to administrator
+1 #6 no taxes afterallGuest 2014-03-21 15:36:39
The good leaders of our area, yes the elected ones are being led by the port of coos bay, who is controlled by the Governor. Well they have decided to privatize any taxes due the area. They are planning to forgive 20 years of taxes in favor of having three chosen friends of LNG direct the flow of "found money" as grants where they see fit, or maybe even no grants, should they decide to bank-it. They will of course have to charge administration fees. There's not enough space permitted here to describe the corruption and the ways its being used against the people of Coos County. The democrats behind this scheme are making republicans proud.
Quote | Report to administrator
-2 #7 Freeze in the DarkGuest 2014-03-21 18:13:59
Amazing to read these comments. Have you been to Coos Bay lately? Businesses closed, mills closed, the town is dying. Someone offers a potential of jobs and increased prosperity and we're all about worrying that an earthquake will destroy the plant or fears of Asian pollution. Good grief people, you can't feed your family with green dreams. I thought there might be some hope for Coos Bay's comeback but all I see above are fear mongers, nay sayers and environmental nuts.
Quote | Report to administrator

More Articles

13 West Coast seafood species now 'sustainable'

Tuesday, June 03, 2014

Fishing OrBiz Fishing 0357 ADOBErgbCiting the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.


OB Video: Oregon MESA

Thursday, June 26, 2014

ThumbOregon Business hosts an informal roundtable discussion about the Oregon MESA (Mathematics, Engineering, Science Achievement) program.


Attack of the Robin Sages

Contributed Blogs
Monday, July 07, 2014
070714 thumb linkedinfakesBY TOM COX | OB BLOGGER

Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.


Q&A: David Lively of Organically Grown Co.

Tuesday, July 01, 2014

Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.


Updated: Disrupting innovation

Tuesday, July 08, 2014
070814 thumb disputive-innovationBY LINDA BAKER  | OB EDITOR

The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation  — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment. 

Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.


Blips and trends in the housing market

Thursday, June 26, 2014
062614 thumb realestateBY ERIC FRUTS | OB BLOGGER

Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?


The business of running a food cart

Thursday, June 05, 2014

What does it take to launch and run one of these mobile food businesses?  

Oregon Business magazinetitle-sponsored-links-02