Not Logged In Log In   Sign Up   Points Leaders
Follow Us    1:54 AM

GasBuddy News Article

48
votes
LNG Export Plant Verges on U.S. Approval Amid Shale Glut

Bloomberg -- Cheniere Energy Inc. (LNG), the natural gas importer that lost $1.2 billion in a decade, is poised to become the sole U.S. exporter of fuel from the shale bonanza that’s turned the nation into the world’s biggest gas producer.

The government may decide as soon as next week on Cheniere’s request to build a $10 billion Louisiana plant that would be the largest in the U.S. to liquefy gas and load it onto ocean-going tankers. Regulators will discuss the project April 19. Cheniere’s shares rose as much as 11 percent in New York.


Read the Full Article

Submitted Apr 14, 2012 By: Mudsprings
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: LNG Export Plant Verges on U.S. Approval Amid Shale Glut Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
judgemobile
Champion Author Ohio

Posts:9,254
Points:2,782,810
Joined:Nov 2005
Message Posted: Apr 14, 2012 11:00:23 PM

oil well over $ 100, but NAT GAS UNDER $ 2 for several days...hmmmmm !!!
Profile Pic
babugp
Veteran Author Philadelphia

Posts:339
Points:76,685
Joined:Mar 2012
Message Posted: Apr 14, 2012 10:51:33 PM

hum
Profile Pic
bdlewis
Champion Author Colorado

Posts:1,384
Points:382,905
Joined:Oct 2008
Message Posted: Apr 14, 2012 10:46:30 PM

Of course
Profile Pic
cssco
Champion Author Virginia

Posts:8,968
Points:2,084,875
Joined:Feb 2006
Message Posted: Apr 14, 2012 10:42:46 PM

If the EPA has anything to do with the approval the outcome is doubtful due their not doing approvals right now.
Profile Pic
mrbee
Champion Author Little Rock

Posts:5,445
Points:2,802,200
Joined:Oct 2005
Message Posted: Apr 14, 2012 10:41:33 PM

We are not buying it so they will export it.
Profile Pic
orcar
Champion Author Boise

Posts:2,470
Points:1,046,410
Joined:Jun 2010
Message Posted: Apr 14, 2012 10:38:50 PM

Why would we ship engery out of the US?
Profile Pic
mcmonsta
Champion Author Honolulu

Posts:4,750
Points:1,147,555
Joined:Sep 2009
Message Posted: Apr 14, 2012 10:37:53 PM

got to make money back
Profile Pic
millerin
Champion Author Orlando

Posts:3,496
Points:757,845
Joined:Jan 2012
Message Posted: Apr 14, 2012 10:37:29 PM

hmmm...
Profile Pic
boborobot
All-Star Author Michigan

Posts:511
Points:709,225
Joined:Dec 2011
Message Posted: Apr 14, 2012 10:36:19 PM

I agree with Kitty1750 !
Profile Pic
lowpet
All-Star Author Texas

Posts:527
Points:86,915
Joined:Dec 2008
Message Posted: Apr 14, 2012 10:32:42 PM

i don't care
Profile Pic
ramgas
Champion Author Texas

Posts:3,199
Points:1,551,515
Joined:Jan 2005
Message Posted: Apr 14, 2012 10:32:03 PM

More domestic energy leaving this country leaving Americans to pay more for what we need.
Profile Pic
gmcgas
Champion Author Atlanta

Posts:7,700
Points:2,050,840
Joined:Mar 2004
Message Posted: Apr 14, 2012 10:28:23 PM

ok
Profile Pic
cssco
Champion Author Virginia

Posts:8,968
Points:2,084,875
Joined:Feb 2006
Message Posted: Apr 14, 2012 10:27:59 PM

What goes around comes around. So they say!
Profile Pic
DustyHorse
Champion Author Virginia

Posts:7,730
Points:1,705,475
Joined:Oct 2008
Message Posted: Apr 14, 2012 10:21:22 PM

Wow sounds pretty dangerous.
Profile Pic
tippybuddy
Champion Author Ontario

Posts:1,523
Points:207,740
Joined:Feb 2011
Message Posted: Apr 14, 2012 10:19:56 PM

ok
Profile Pic
Mr Tex
Champion Author Dallas

Posts:1,168
Points:2,634,680
Joined:Jan 2004
Message Posted: Apr 14, 2012 10:19:42 PM

Someone moving on natural gas.
Profile Pic
colaguy
Champion Author Columbia

Posts:4,065
Points:1,216,885
Joined:Oct 2008
Message Posted: Apr 14, 2012 10:18:56 PM

ok
Profile Pic
FunMyster
All-Star Author Indiana

Posts:909
Points:73,880
Joined:Jul 2011
Message Posted: Apr 14, 2012 10:12:49 PM

I agree..we need more LNG!
Profile Pic
bcok
Champion Author Los Angeles

Posts:2,832
Points:1,746,940
Joined:Oct 2005
Message Posted: Apr 14, 2012 10:12:26 PM

Why import it when we can's even find enough room to it her in the US>
Profile Pic
OSW
Champion Author Pittsburgh

Posts:8,466
Points:879,185
Joined:Aug 2011
Message Posted: Apr 14, 2012 10:09:31 PM

more lng cars now
Profile Pic
heydano67
Champion Author California

Posts:2,454
Points:656,720
Joined:Feb 2012
Message Posted: Apr 14, 2012 10:08:45 PM

Convert excess into diesel.
Profile Pic
1mrtym
Veteran Author Houston

Posts:457
Points:92,475
Joined:Mar 2012
Message Posted: Apr 14, 2012 10:06:36 PM

ok
Profile Pic
fenster66
Champion Author Pittsburgh

Posts:5,038
Points:1,010,740
Joined:May 2011
Message Posted: Apr 14, 2012 10:05:54 PM

as long as the benefit stays with the US....
Profile Pic
mstearno
Champion Author Dayton

Posts:9,297
Points:2,036,685
Joined:Jan 2008
Message Posted: Apr 14, 2012 10:04:03 PM

who cares about the stock price?
it's results that cound
Profile Pic
danlanman
Champion Author North Carolina

Posts:4,934
Points:1,055,730
Joined:May 2011
Message Posted: Apr 14, 2012 10:03:33 PM

whatever...
Profile Pic
Stevein228
Rookie Author Mississippi

Posts:77
Points:371,140
Joined:Jun 2011
Message Posted: Apr 14, 2012 10:02:01 PM

Now maybe they can do something about the oil pipeline from Canada
Profile Pic
paulydel
Champion Author Delaware

Posts:10,347
Points:1,013,395
Joined:Jan 2008
Message Posted: Apr 14, 2012 10:00:06 PM

Thats thanks to our liar and chief.
Profile Pic
DancingDee
Champion Author Gary

Posts:4,784
Points:1,122,565
Joined:Jul 2005
Message Posted: Apr 14, 2012 9:55:09 PM

Clermont40miles definitely has it right!!!!!!
Profile Pic
LCSTEELERBOB
Champion Author Gary

Posts:2,999
Points:731,065
Joined:Oct 2008
Message Posted: Apr 14, 2012 9:54:26 PM

how will this help
Profile Pic
warlord1
Champion Author Georgia

Posts:6,904
Points:1,366,095
Joined:May 2010
Message Posted: Apr 14, 2012 9:52:39 PM

ok
Profile Pic
packards42
Champion Author Washington

Posts:7,954
Points:1,415,005
Joined:Feb 2005
Message Posted: Apr 14, 2012 9:52:23 PM

1.2 billion in the hole and there getting ready to spend 10 billion more.
Profile Pic
clermont40miles
Champion Author Cincinnati

Posts:12,741
Points:2,106,885
Joined:Apr 2008
Message Posted: Apr 14, 2012 9:51:12 PM

Too bad we can't get the benefit of our own resources.

Money to be made here at home but off it goes.
Profile Pic
Hangnail309
Champion Author Manitoba

Posts:7,670
Points:2,007,000
Joined:Aug 2006
Message Posted: Apr 14, 2012 9:50:39 PM

Just get it done.
Profile Pic
DeeLA
Champion Author Los Angeles

Posts:6,444
Points:1,695,970
Joined:Nov 2008
Message Posted: Apr 14, 2012 9:46:38 PM

They are thinking outside the box.
Profile Pic
mdskier
Champion Author Sacramento

Posts:11,110
Points:2,000,000
Joined:Aug 2005
Message Posted: Apr 14, 2012 9:45:53 PM

Price of natural gas is too low so we got to dump
it so we can buy more overpriced oil from arabs.

makes a lot of sense ?
Profile Pic
insightcruzer
All-Star Author Oakland

Posts:552
Points:191,145
Joined:Feb 2012
Message Posted: Apr 14, 2012 9:45:20 PM

is natural gas something we could be using more of ourselves instead of exporting it?
Profile Pic
ericbcire
Champion Author Nevada

Posts:6,188
Points:1,601,520
Joined:Aug 2009
Message Posted: Apr 14, 2012 9:42:39 PM

Just get it done.
Profile Pic
teamsimons
Champion Author South Carolina

Posts:3,734
Points:802,670
Joined:Aug 2011
Message Posted: Apr 14, 2012 9:42:28 PM

Just imagine exporting natural gas in addition to gasoline. Is there a good market for it elsewhere? If so, we wish them well.
Profile Pic
REKEY
Champion Author South Carolina

Posts:10,234
Points:2,032,025
Joined:May 2008
Message Posted: Apr 14, 2012 9:40:49 PM

Yeah, sell to a FOREIGN country! Thanks a lot!
Profile Pic
iamforiu
Champion Author Indiana

Posts:5,268
Points:1,048,190
Joined:May 2011
Message Posted: Apr 14, 2012 9:39:13 PM

Ok
Profile Pic
crep1291
Champion Author Ottawa

Posts:3,105
Points:532,245
Joined:Dec 2010
Message Posted: Apr 14, 2012 9:36:43 PM

Good for them, but they shouldn't have a monopoly.
Profile Pic
letterchunker
Champion Author Texas

Posts:3,910
Points:983,225
Joined:Aug 2008
Message Posted: Apr 14, 2012 9:35:19 PM

If that comes about, it will not be long until the price of natural gas will skyrocket here locally.
Profile Pic
kingofcode
Champion Author Florida

Posts:1,723
Points:473,965
Joined:Jun 2010
Message Posted: Apr 14, 2012 9:35:13 PM

OKAY
Profile Pic
planoiceman
Champion Author Dallas

Posts:3,696
Points:698,905
Joined:May 2011
Message Posted: Apr 14, 2012 9:34:08 PM

Too bad there weren't more consumer products, like cars, to take advantage of all this natural gas.
Profile Pic
hibsaw
Champion Author Mississippi

Posts:9,741
Points:2,018,615
Joined:Feb 2008
Message Posted: Apr 14, 2012 9:26:11 PM

I love that LNG.
Profile Pic
nvwarped
Champion Author Corpus Christi

Posts:2,208
Points:768,325
Joined:Sep 2011
Message Posted: Apr 14, 2012 9:26:07 PM

ok
Profile Pic
esorsd
Champion Author St. Louis

Posts:7,369
Points:1,971,515
Joined:May 2005
Message Posted: Apr 14, 2012 9:26:02 PM

Hope it works.
Profile Pic
FlyNFool
Champion Author South Carolina

Posts:9,832
Points:2,018,520
Joined:Aug 2008
Message Posted: Apr 14, 2012 9:24:42 PM

Persistence pays off!
Profile Pic
Rancher23
Champion Author Cincinnati

Posts:4,785
Points:978,480
Joined:May 2011
Message Posted: Apr 14, 2012 9:23:10 PM

Whatever!!!
Profile Pic
g747
Champion Author Mobile

Posts:6,143
Points:1,254,560
Joined:Jul 2009
Message Posted: Apr 14, 2012 9:21:29 PM

We need that for ourselves.
Profile Pic
ShabbyPA
Champion Author Pennsylvania

Posts:2,870
Points:691,615
Joined:Nov 2007
Message Posted: Apr 14, 2012 9:16:19 PM

Keep it here in the Usa for Americans!!
Profile Pic
Ahking
Champion Author Orange County

Posts:3,618
Points:625,235
Joined:May 2011
Message Posted: Apr 14, 2012 9:13:52 PM

More exports mean high domestic prices. Therefore, we subsidize exports. Business does better both ways.
Post a reply Back to Topics