Back in May 2015, Southern Company CEO Tom Fanning and Georgia Power CEO Paul Bowers both told me “If we can’t do coal, we have to do pipelines”. A year in the making, Southern Company bought pipeline company AGL Resources. Turns out AGL Resources is also an LNG export company, exporting through Jacksonville by LNG containers on trucks. And the plot thickens with the pending corporate takeover of CSX Railroad by the former CEO of Canadian Pacific, given that CSX depends a lot on carrying coal, which remember is what Southern Company is rapidly getting away from. Could CSX want to carry LNG? Meanwhile, LNG containers are already rolling down I-75 and I-10 to Jaxport, apparently through Atlanta, Macon, Valdosta, and Lake City.
Southern Company PR, 1 July 2016, Southern Company and AGL Resources complete merger, create a leading U.S. energy company, Continue reading