GRAND JUNCTION, Colo (KKCO/KJCT)-- The Jordan Cove liquified natural gas project has put in an application for approval for the third time, hoping this is the last time an application will have to be submitted.
It's been about 10 years since the inception of this project. Supporters are hoping it will stabilize the boom-and-bust economy Grand Junction and much of the Western Slope has seen throughout the years.
Now, it comes down to approval from the Federal level. With the Trump administration, the oil and gas industry here is feeling hopeful.
"Jordan Cove LNG is an export terminal for natural gas,” David Ludlam, West Slope Colorado Oil & Gas Association, said.
The pipeline that's already built, would connect the Western Slope to Oregon and then ship natural gas to primarily Asia.
"It's a huge project the largest in the history of Oregon it'll be a major economic catalyst here in the Rocky Mountains and in Oregon and overseas to our allies in Asia,” Ludlam, said.
There's an estimated one hundred trillion cubic feet of natural gas in the Grand Valley.
“We have an abundance of the resource so we might as well start exporting them," Rose Pugliese, Mesa County Commissioner, said.
It's the third time the company has tried to get approval for the project-- hoping a new administration in the White House means new opportunity for fracking.
"We don't view it as a reapplication, we view it as a new day," Ludlam, said.
People for the project say it's a pretty big deal.
"It's the only project on the west coast and it's by far the most important energy project in the Western United States," Ludlam, said.
In past tries, it was denied mainly because they didn't have any customers, but now there are two Japanese clients interested in buying the gas.
"I think that there's going to be a lot of political will to get this done," Pugliese said.
People opposed say fracking hurts the environment and the waste can get into your drinking water. Public comment periods will be coming up in the next 18 months.