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Gold/Mining/Energy : Shale Natural Gas, Oil and NGLs and ESA

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To: jrhana who wrote (854)7/11/2009 5:40:01 PM
From: jrhana   of 6160
 
Another example of how thinking from 5-1-0 years ago about US energy supplies is so way out of date. Again it has literally been only a couple of years that the extreme amount of NG available in the lower 48 states has become known. It does make you wonder if we even need that Alaskan Pipeline.

<Here's a better idea for the North Slope gas. The industry should build a pipeline right next to the Trans Alaska Pipeline System (TAPS), which runs to Valdez and carries oil from the North Slope. Then, build a Liquefied Natural Gas (LNG) facility and ship the gas to Europe, which is desperate to reduce dependence on Russian sources of energy.>

But even that makes you wonder. To me it seems that the Haynesville, Barnett and the just emerging from the shadows Eagle Ford deposits could handle LNG exorts to Europe in addition to local needs. I imagine the Marcellus will be dedicated to the very large nearby population centers.

Actually the Fayettville might also help from Arkansas.where its output could be shipped down the Mississippi into the gulf.

Intuitively it makes more sense to me to ship LNG to Europe from Texas, Louisiana, and Arkansas than from Alaska.
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