LNG fails to make economic sense.

1. LNG prices have tripled in the last 5 years, despite large increases in production.


2. There’s no guarantee Woodside’s LNG will supply energy to Californians, but Californians will bear ALL the risks.

LNG takes more than it gives. While Woodside claims this LNG project will lower natural gas prices and stabilize supplies for Southern California, all numbers show the opposite. LNG prices have been consistently higher than domestic natural gas prices over the last 10 years and increasing demand for LNG in developing nations around the world will cause prices to rise even more.

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