earned each of them a goodly share of contemptuous laughter from the citizenry arrayed before them.
|Dr. Phani Raj|
Then it was Question Time!
DCP's smoke and mirrors melted away under questioning from the People and several attorneys aiding them in the struggle against the corporados.
David Italiaander quizzed DCP officials over the financial irrationality of building this 22.4 million gallon import tank (5 minute mp3 )at a time when domestic propane supplies are at historic highs.
|David Italiaander, right, quizzes DCP|
Company officials hemmed and hawed. The market is fickle, they said. Maybe someday it WILL be profitable? Who knows? Their inability to explain the reason for the megatank project, given the tremendous losses the company would incur operating it, makes one wonder: What is really going on? Is exporting, rather than importing propane the real plan?
For, Italiaander pointed out, while DCP Midstream would lose hundreds of millions a year importing propane through Searsport, the company would turn a tidy profit by exporting liquified propane out of the US at Searsport.
Many others spoke before Italiaander. Their voices will appear here as they come available.
One can't help but wonder if it is as simple and tawdry as a highranking DCP official in charge of the project with relatives or friends among the Colorado contractors that would swarm the site, deforesting, bulldozing and blasting the Mack Point woods into oblivion, erecting a perfectly useless eyesore on the coast of Penobscot Bay, then taking their pay and going home?
Will Penobscot Bay be sacrificed to help DCP's tax accountants with a loss leader?
Or will Searsport become a planetary disgrace, vomiting out LPG by the tankerload to boost carbon consumption around the planet?
Neither prospect is good!