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Economy
US to launch blitz of gas exports, eyes global energy dominance
2015-04-27
[Telegraph] The US Energy Department prepares a wave of LNG gas permits in the latest move to redraw the world's oil and gas landscape
This is completely opposite to the president's oft-stated intentions, as I understand them. Why the change?
Posted by:trailing wife

#8  Glenmore---do you think that a gas line from Alaska's North Slope to tidewater would be a viable alternative for LNG shipment to Japan and South Korea?
Posted by: Alaska Paul   2015-04-27 17:36  

#7  Maybe trying to break Russia's stranglehold on Europe?
Posted by: gorb   2015-04-27 15:59  

#6  Plenty of supply of LNG for Japan a lot closer in NW Australia. Those LNG tankers are very expensive to build and operate, so distance matters - a lot. Now, if Canada gives up on Keystone and builds to a West Coast port, they could have the Chinese and Japanese bidding for their tar sand crude.
Posted by: Glenmore   2015-04-27 15:45  

#5  Ima thinkern "Japan."
Posted by: Pappy   2015-04-27 12:53  

#4  US had started some LNG import plants on the Gulf Coast (to go with export plants in West AFrica) before they discovered how effective fraccing could be. Several of these are being modified to be LNG export plants, presumably to European markets, though I don't see how they can be competitive with exporting LNG form Africa, or the Persian Gulf. In either case, the geopolitical game is providing Western Europe with an alternative to being held hostage to Russian gas - single supplier for anything, gas to health care, is a ticket to disaster. East Asian gas market is mainly for LNG from Australia - and China is rapidly developing alternate sources, domestic and via pipeline from Central Asia.
Posted by: Glenmore   2015-04-27 08:05  

#3  I doubt the USA will be much more than a marginal player in the international gas market.

The truth is that the world has lot of gas. What matters is proximity to markets. And Russia wins hands down there.
Posted by: phil_b   2015-04-27 05:35  

#2  Both + O & Co has observed that Saudi Rulers are able to run a really advanced welfare state.
Posted by: g(r)omgoru   2015-04-27 03:01  

#1  Well, to me, that means either he's been getting a lot of big donations from the LNG crowd or someone on the DNC has bought a lot of oil and gas stock recently.
Posted by: Sock Puppet of Doom   2015-04-27 02:01  

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