SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ed Ajootian who wrote (98114)3/18/2008 9:46:31 AM
From: Sharp_End_Of_Drill  Read Replies (2) of 206338
 
Ed, good points and good discussion - thanks.

LNG is a baffling thing to me in general, I work in the engineering field in Houston so watched a few years ago as a bunch of LNG projects were kicked off. Seemed like an unbelievably stupid thing to me as the US already had three facilities, two of which worked at low capacity and the third was mothballed. If memory serves about a dozen project were started. That didn't make much sense to me in today's Just-In-Time environment where +/- 1% on just about anything can crash or boom a market.

So with that said, I still find LNG a mystery. I suspect that much of the imports are term contracts, so are immune to spot prices. We'll see... I always figured bigger and brighter minds saw something on the horizon I couldn't see in the gas markets.

While I appreciate your points, they don't give much credit to expanding North American production. Gas prices at today's level will result in a large production increase over time.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News