General Discussion

1-Old-Man

(2,667 posts)

5. I think the article creates then overstates a nonexistant problem

Wed Apr 24, 2013, 08:37 AM

Apr 2013

Its hard to even decide where to begin, but lets start with this, there is only one port in the US that is capable of supporting this export trade and it has extremely limited capacity. Fear of explosion has stopped other ports from setting up for this trade. Interestingly enough in recent years we have exported nearly exactly as much LNG as we imported and the ships that transport the liquid/gas actually use the clean burning cargo to power themselves; one of the LNG tankers will typically burn about 3% of its cargo during an Atlantic crossing.

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Get Ready for Higher Prices Our Natural Gas Reserves Are Being Plundered For Export [View all] xchrom Apr 2013 OP

LPG and crude exports are the point of the Keystone Pipeline deal. We'll be sorry, but it'll make leveymg Apr 2013 #1

The pathological pursuit of profit. marmar Apr 2013 #2

Nationalize the US oil industry JCMach1 Apr 2013 #3

+1 xchrom Apr 2013 #4

That may be good policy but I'm not sure it would reduce exports of oil and natural gas. pampango Apr 2013 #8

those countries don't use as much as we do... JCMach1 Apr 2013 #10

Certainly true, but neither do they prove that nationalization necessarily reduces oil/gas pampango Apr 2013 #11

+2 bahrbearian Apr 2013 #9

I think the article creates then overstates a nonexistant problem 1-Old-Man Apr 2013 #5

Informative post. Thanks. n/t Laelth Apr 2013 #6

The generalize resource curse PETRUS Apr 2013 #7