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

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To: Bearcatbob who wrote (182926)3/9/2014 12:00:34 PM
From: Hannoverian  Read Replies (2) of 206181
 
BOB,
Unless I missed something the US exports 0 NG to Europe. IMHO that fact will remain for years, regarding my opinion, see the article from today's Houston Chronicle. Domestically the US does exports NG from S. Texas, mostly Eagle Ford NG, to Mexico & a concoction of US NG to Eastern Canada by existing US pipelines flowing northward. The only historical LNG export facility, an onshore Alaskan facility on the west side-I believe-of the Gulf of Alaska was shut down & may have or is being restarted to ship LNG to Asian markets, mostly Japan & South Korean. Per memory, recently the Alaskan facility has limited output because their offshore Alaskan NG supply is in decline production wise. & that as a fact, should come as a no surprise, that is Conventional NG production in decline due to a lack of drilling in response to low pricing, as in the NG strip, which is to incentivize drilling to any degree.

The article, in case the link does not work: Stakes are high for LNG export plan
The link: fuelfix.com

No editorializing of the article on my part, the ongoing battle is Keystone East, need I say more. & NG going to the EU, sounds nice. IMHO let the EU frac their own shale(s), build their own NG infrastructure & burn their own NG. EU boys fighting to defend the EU!
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