Article

2015-04-27 Economy

US to launch blitz of gas exports, eyes global energy dominance

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Posted by trailing wife 2015-04-27 00:00|| || Front Page|| [2 views ] Top

#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|| 2015-04-27 02:01|| Front Page Top

#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|| 2015-04-27 03:01|| Front Page Top

#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|| 2015-04-27 05:35|| Front Page Top

#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|| 2015-04-27 08:05|| Front Page Top

#5 Ima thinkern "Japan."

Posted by Pappy 2015-04-27 12:53|| 2015-04-27 12:53|| Front Page Top

#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|| 2015-04-27 15:45|| Front Page Top

#7 Maybe trying to break Russia's stranglehold on Europe?

Posted by gorb 2015-04-27 15:59|| 2015-04-27 15:59|| Front Page Top

#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|| 2015-04-27 17:36|| Front Page Top

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