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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (259226)7/25/2008 7:45:43 AM
From: Bearcatbob  Respond to of 793841
 
Lindy,

Natural gas is a commodity that has responded beautifully to market forces. Supply has jumped in response to higher prices. Our current LNG terminals are underutilized. We need them as backup - but if the market is allowed to work LNG for the US is simply insurance - at a very high price.

We need to see if oil responds as well. If Peak Oil is here the market will only respond with price rationing and substitution.

Bob



To: LindyBill who wrote (259226)7/25/2008 7:45:44 AM
From: Bearcatbob  Respond to of 793841
 
Deleted - double post - sorry.



To: LindyBill who wrote (259226)7/25/2008 8:10:00 AM
From: Snowshoe  Read Replies (1) | Respond to of 793841
 
>>I know the Greens are very much opposed to building any LNG ports in this country<<

I think it's more of a nimby thing, as opposed to the Greens. But Sempra Energy is building an LNG import terminal on the west coast of Mexico, and a pipeline north to California. The idea was that some of our Alaska LNG would be shipped down there.


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