Not Logged In Log In   Sign Up   Points Leaders
Follow Us    3:21 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
honda0105
Champion Author Tallahassee

Posts:24,320
Points:2,439,915
Joined:Nov 2008
Message Posted: Apr 18, 2012 6:02:35 AM

same as with oil. Export it, so prices go up in the US.
dave27johnson
Champion Author Chicago

Posts:2,757
Points:1,158,480
Joined:Feb 2012
Message Posted: Apr 15, 2012 10:49:34 AM

Good. A Houston-based company that brings money into the US through exports.
must87searcher
Champion Author Maryland

Posts:12,251
Points:2,601,025
Joined:Apr 2008
Message Posted: Apr 15, 2012 12:35:23 AM

This is another way to do business. It won't go to everyone's advantage.
dongo50
Champion Author West Virginia

Posts:16,258
Points:2,571,795
Joined:Jul 2006
Message Posted: Apr 15, 2012 12:04:51 AM

hmmmmm
kgbellman
Champion Author Ann Arbor

Posts:6,052
Points:1,559,545
Joined:Mar 2011
Message Posted: Apr 15, 2012 12:02:46 AM

more pockets to be lined?
big_mac64
Champion Author Tennessee

Posts:11,258
Points:1,694,340
Joined:May 2005
Message Posted: Apr 14, 2012 11:59:32 PM

whatever
kgbellman
Champion Author Ann Arbor

Posts:6,052
Points:1,559,545
Joined:Mar 2011
Message Posted: Apr 14, 2012 11:58:48 PM

more pockets to be lined?
PoohMcGoo
Champion Author Alabama

Posts:3,965
Points:1,494,195
Joined:Dec 2010
Message Posted: Apr 14, 2012 11:56:57 PM

Guess we don't have an energy shortage if we're exporting it.
nwsynthetics
Champion Author Oregon

Posts:1,143
Points:592,265
Joined:Dec 2011
Message Posted: Apr 14, 2012 11:56:08 PM

What u talking about willis....Hmmm.
jjfisher
All-Star Author Toledo

Posts:770
Points:1,049,395
Joined:Aug 2008
Message Posted: Apr 14, 2012 11:53:58 PM

really??
bif65
Champion Author Virginia

Posts:1,429
Points:344,420
Joined:Jan 2011
Message Posted: Apr 14, 2012 11:53:55 PM

ok
shari128
All-Star Author Iowa

Posts:573
Points:894,640
Joined:Jun 2010
Message Posted: Apr 14, 2012 11:52:11 PM

We need lower gas prices!!!
SpankyMI
Champion Author Kalamazoo

Posts:5,532
Points:1,516,165
Joined:Jan 2011
Message Posted: Apr 14, 2012 11:52:05 PM

Too lose $1.2 billion in ten years and still be the only exporter, they must be doing something right!
kbierley
Champion Author Dayton

Posts:10,767
Points:1,422,395
Joined:Nov 2003
Message Posted: Apr 14, 2012 11:52:05 PM

Say What?
onegiraffeAL
Champion Author Alabama

Posts:1,202
Points:682,990
Joined:Jan 2010
Message Posted: Apr 14, 2012 11:49:35 PM

k
gilfarm
Champion Author Alabama

Posts:10,108
Points:2,759,845
Joined:Sep 2005
Message Posted: Apr 14, 2012 11:48:44 PM

We need to use it to lower our prices!
egd
Champion Author Twin Cities

Posts:11,419
Points:2,901,825
Joined:Mar 2005
Message Posted: Apr 14, 2012 11:45:18 PM

US needs to exort fuels????
Jeffro61
Champion Author Cleveland

Posts:5,190
Points:3,013,445
Joined:Oct 2005
Message Posted: Apr 14, 2012 11:45:03 PM

Ok
flghtmedic
All-Star Author Pensacola

Posts:537
Points:479,755
Joined:Apr 2006
Message Posted: Apr 14, 2012 11:42:31 PM

Ok
roadrunnin
Champion Author Richmond

Posts:2,138
Points:865,280
Joined:May 2008
Message Posted: Apr 14, 2012 11:42:08 PM

with such high losses,how can they afford to still be in the game?
dancygreen
Champion Author Twin Cities

Posts:3,881
Points:937,455
Joined:Sep 2011
Message Posted: Apr 14, 2012 11:41:49 PM

ANYONE LOOKING FOR A JOB?
AnObserver
Champion Author New Jersey

Posts:11,561
Points:3,032,940
Joined:Sep 2005
Message Posted: Apr 14, 2012 11:40:49 PM

As long as our production is as high as is currently we will need to export
abcdMA
Champion Author Worcester

Posts:11,252
Points:2,373,140
Joined:Nov 2008
Message Posted: Apr 14, 2012 11:37:50 PM

and done without governmental money
carman11
Champion Author North Carolina

Posts:6,834
Points:1,502,350
Joined:Jun 2011
Message Posted: Apr 14, 2012 11:35:54 PM

WOW
DblChek
Champion Author San Antonio

Posts:3,638
Points:928,660
Joined:Jul 2008
Message Posted: Apr 14, 2012 11:35:16 PM

Wonder if I'll be able to comfortably sit down by next year?
Hoporrene
Veteran Author Mississippi

Posts:312
Points:206,970
Joined:Dec 2011
Message Posted: Apr 14, 2012 11:34:53 PM

might work out
DriverofRed
Champion Author Calgary

Posts:4,863
Points:1,044,485
Joined:Dec 2011
Message Posted: Apr 14, 2012 11:33:25 PM

good for them
THX138
Champion Author San Francisco

Posts:4,886
Points:1,773,990
Joined:Apr 2010
Message Posted: Apr 14, 2012 11:31:47 PM

k
bginsj
Champion Author San Jose

Posts:2,748
Points:1,929,485
Joined:May 2009
Message Posted: Apr 14, 2012 11:31:31 PM

Interesting
CQQKIE
All-Star Author Illinois

Posts:982
Points:367,955
Joined:Jul 2008
Message Posted: Apr 14, 2012 11:31:17 PM

Oh yea heres a plan in the making - right just one big floating bomb - real smart!!!!
spotterFL
Champion Author Florida

Posts:8,294
Points:1,235,355
Joined:Aug 2009
Message Posted: Apr 14, 2012 11:31:01 PM

No underground storage left?
sparkie951
Champion Author Roanoke

Posts:7,527
Points:1,672,565
Joined:Dec 2010
Message Posted: Apr 14, 2012 11:27:48 PM

obama there, they wont let him.
Wierbe
Champion Author Cincinnati

Posts:7,018
Points:1,931,095
Joined:Apr 2006
Message Posted: Apr 14, 2012 11:27:11 PM

Here we go again. We're sitting on a bonanza of fuel, so we ship it away while our pump prices go up. I wish the industry would get serious about natural gas and start a committed effort to build the vehicles and infrastructure here in America.
silverfoxv65
Champion Author Michigan

Posts:7,903
Points:2,037,180
Joined:Sep 2009
Message Posted: Apr 14, 2012 11:26:20 PM

They will find a way to screw us some how!
2granny
Champion Author Michigan

Posts:12,995
Points:2,276,325
Joined:Apr 2009
Message Posted: Apr 14, 2012 11:25:41 PM

There go our gas prices.
drobbbb
Champion Author Maryland

Posts:6,604
Points:1,620,975
Joined:Dec 2010
Message Posted: Apr 14, 2012 11:25:17 PM

Ok
TheSnowstorm
Champion Author Montreal

Posts:9,677
Points:2,580,335
Joined:June 2005
Message Posted: Apr 14, 2012 11:22:53 PM

$10B dollar plant? What exactly will be the rate of return on this?
icer06
Champion Author Huntsville

Posts:5,679
Points:1,231,910
Joined:Jan 2012
Message Posted: Apr 14, 2012 11:21:16 PM

ok
Akcamper
Veteran Author Tucson

Posts:274
Points:30,555
Joined:Dec 2011
Message Posted: Apr 14, 2012 11:21:11 PM

SCREWED AGAIN OMG = OBAMA MUST GO!
spotterFL
Champion Author Florida

Posts:8,294
Points:1,235,355
Joined:Aug 2009
Message Posted: Apr 14, 2012 11:20:23 PM

wild3bill: Do you mean back to Kenya?
wild3bill
Champion Author New York

Posts:2,630
Points:1,958,745
Joined:Nov 2005
Message Posted: Apr 14, 2012 11:17:15 PM

We should export Obama!
mgune9
All-Star Author Dallas

Posts:914
Points:200,395
Joined:Feb 2012
Message Posted: Apr 14, 2012 11:14:14 PM

here we go - another solution to our energy problems and we let it be shipped overseas???????
ttfn5tigger
Champion Author Indianapolis

Posts:5,104
Points:1,193,200
Joined:Apr 2011
Message Posted: Apr 14, 2012 11:12:43 PM

not under obummer's watch
Lukus
Champion Author Halifax

Posts:11,494
Points:2,460,340
Joined:Nov 2007
Message Posted: Apr 14, 2012 11:11:55 PM

NG could be the fuel of the future.
elink7
Rookie Author Pennsylvania

Posts:99
Points:125,845
Joined:Jul 2011
Message Posted: Apr 14, 2012 11:08:23 PM

Good luck
miiike572
All-Star Author Phoenix

Posts:798
Points:554,990
Joined:Apr 2009
Message Posted: Apr 14, 2012 11:07:15 PM

I'm sure Barry will block this if possible.
Blue48
Champion Author Illinois

Posts:10,700
Points:2,449,435
Joined:Feb 2007
Message Posted: Apr 14, 2012 11:05:18 PM

GOOD LUCK!
USCCRN
Sophomore Author Long Island

Posts:145
Points:106,640
Joined:Mar 2012
Message Posted: Apr 14, 2012 11:01:24 PM

It should do some good for the U.S. economy. So the U.S. exports natural gas and imports petroleum. Instead of selling it cheap to the rest of the world, how about making it more available within the U.S. and for low cost.
judgemobile
Champion Author Ohio

Posts:10,954
Points:3,264,925
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 !!!
babugp
Veteran Author Philadelphia

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

hum
bdlewis
Champion Author Colorado

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

Of course
Post a reply Back to Topics