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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: JimisJim who wrote (149802)	4/21/2011 10:06:03 PM
From: upanddown	1 Recommendation Read Replies (2) of 206209

Jim, re Cheniere Energy What is not being stated in the argument for LNG is how the hell can it ever compete with shale gas? A couple of years ago, LNG was going to be a big thing in this country but now who needs it? There is talk about producing LNG from our gas and exporting it! I don't know what it will cost to bring in LNG from some distant place like Qatar or PNG but it has to be 2X+ the cost of Marcellus NG coming out of the ground ready to use. Unless we totally screw it up with excessive regulation, shale gas would appear to be a game changer (game over?) for LNG. There are huge shale deposits all around the world. John

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