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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (218501)	3/2/2013 11:05:37 AM
From: Bread Upon The Water	Read Replies (1) \| Respond to of 543687

Very very interesting. There needs to be a policy debate in Washington on this on what we can ship and/or retain. The facts that required the export ban are no longer in place given what is coming down the pike from fracking. The American Petroleum Institute (an energy lobbying organization) is making the argument that World trade agreements we have signed since 1975 negate the effect of the export ban. In any event our energy policy needs to become more coherent as we gradually become the American Saudi of NG and its liquid condensates. If we want to do it we can probably get the fuel for cars (in whatever form) under the equivalent of $2 a gallon (would be a different measure for LNG). We are already having this debate as to whether to allow NG to be exported as the chemical/fertilizer et. al. manufacturers want the gas to stay here and be cheap while the produces want to maximize their return by exporting it. API argues let it go and flow and domestic price will rise no more than 10 percent. Probably need to come up with some sort of sliding scale for both oil and gas prices that would peg amount to be exported contingent on keeping domestic prices from rising year to year over rate of inflation. (after reducing same to give the consumers the benefit of abundance.) Complex topic I agree. Intersects on the develop of the alternatives also as domestic carbon sources cheapen.