sentences:  On January 6, 2012, Crown Landing LLC's owner, Hess Energy, filed a letter to the Federal Energy Regulatory Commission (FERC) surrendering the authorization to construct and operate, due to the likelihood that the terminal would not be profitable.Company president Godon Shearer cited "significant increases in natural gas production from North American shale resources," and that impact on prices and demand, as the reason for halting the project.The facility would have included a long off-loading pier that technically would have entered the State of Delaware's waters, because the Delaware River within the Twelve-Mile Circle is all in Delaware, up to the mean low water mark on the New Jersey side.