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A Publication of Guidry News Service |
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A Publication of Guidry News Service |
Harris "Shrub" Kempner predicted a bright future for Galveston Island in his speech to the Rotary Club of Galveston Island on Tuesday. Webio Report (Including Downloadable MP3 Recording) "I believe that for the next several years Galveston is well on its way to one of the most productive and positive economic pictures that it has faced in many, many years," Kempner said. "I believe that our permanent population will begin to increase, if it hasn't already, and all measures of business and education will show strength." Kempner cited recent new developments and the prospect of a a liquefied natural gas plant, which he said is not "a simple matter," when potential risks are considered. "The project will make a major difference in revenues to the Galveston Wharves, if the projections hold," Kempner said, noting that the plant will not be operational until 2009. However, he said that he has not made up his mind about the potential risks of an LNG plant. "For example what could happen if a terrorist attack on a ship takes place?" He asked. "Who is endangered at that point? What is the probability that something like that happens? How could those dangers be mitigated, and what are the project benefits?" In any case, Kempner said the economic forecast for the next several years for Galveston are positive, "even if Galveston does not have an LNG plant until 2009 and especially if Galveston is not inflicted with casinos". Hyperlinks will work if this document is read Online
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