Mover Mike

You know I have been focused on eminent domain issues lately. I was surprised to read Jim Sinclair's MineSet tonight to learn that we've lost another battle.

The real danger is that the management of USA Inc. believes they are in control of all things relevant. This is the only explanation for such public changes in the form of the US Constitutional interpretation. It was only one day after the monumental decision was rendered by the Supreme Court extending the rights of eminent domain to business interests that the Senate gave the President the power of eminent domain over locating LNG plants (emphasis added) thereby expanding the powers of the presidency in terms of business entities over private property interests. This, I believe, is evidence that anything goes these days.

From the Decatur Daily, The US Senate approved the Energy Bill today, one part of which

gives federal regulators, not state governments, final authority on where to locate liquefied natural gas terminals.

You may not want a LNG plant in your backyard or state, and are doing all that you can to have the plant kept in red tape. However, the country's energy needs trump the state's rights and now that plant can be located by the Feds. Sen. Diane Feinstein, D-California is not happy, Gov Arnold Schwarznegger is not happy, but Pres. George W Bush is happy. Dependence on foreign petroleum products increases and so does the need for LNG plants on the coasts.

Eminent Domain