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: ChanceIs who wrote (98400)3/28/2008 10:44:06 AM
From: Frank  Read Replies (1) of 206223
 
To me the real issue is increasing global demand for NG and the reality that the U.S. is at the end of the line and truly the market of last resort. Liquefaction plants are simply not being built at the envisioned pace and after the current wave the cupboard is pretty thin. Meanwhile, Europe and other regions are building NG generation hand over fist-- 130 GW in Europe alone-- more than our nuclear fleet. Russia, ME and even Nigeria face internal demand pressures and rising costs. Qatar has reduced its liquefaction goals and China is making LT deals with Australia. In the middle of all this the CEC still projects $4.75 LNG in their energy model. That is the most amazing thing of all -- CA is the most distant market from just about every planned liquefaction facility and yet they keep building NG generation. -- Frank
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