Natural gas proves to be energy game-changer
EN
(Senior Neanderthal, 5,405
Points)
on 10/18/10 at 12:13pm
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Interesting article. I am
Interesting article. I am very bullish on NG in the long term.
If they ever find a way too
If they ever find a way too cheaply transport it, the natty market will swallow up oil trading.
Where I unload on Twits and take verbal S***s
I'm really interested to see
I'm really interested to see how unconventional gas will affect the LNG market in the US and if we might even see liquefaction terminals any time soon... and the impact on all the existing capacity that came online in the past decade.
Please, lets get some nat gas
Please, lets get some nat gas going on here. T. Boone Pickens loves it. It still still a nonrenewable energy source , so the emotional/passionate play for me is not good. But, as your article stated last week, Texas has about 30% of all the natural gas produced in the US, as well as our country's need for nat gas can be supplied with our own methods, not foreign. So it does solve my financial/political ideas towards cleaner resources. A great step in the right direction, but small nonetheless.
@kingb the economics for
@kingb the economics for shale gas just cant compete with the huge multi-Tcf discoveries in Australia and SE Asia, which is also right in the neighborhood of the demand for LNG tankers. Those projects break-even at/around $2-$3/mcf, where the shale gas plays are more like $4-$6. The bull case for US gas is a policy-driven demand impact, i.e. more gas fired generation, gas powered vehicles, etc.
I think for anyone interested
I think for anyone interested in Natural Gas, reading T. Boone Pickens' book "The First Billion is the Hardest" has to be a must. He systematically goes through the pros and cons (very few) of natural gas and the ways in which it can be implemented. He also talks about efforts he's made over the last 30 years to promote its use. Great read.
If I had asked people what they wanted, they would have said faster horses - Henry Ford
Midas Mulligan Magoo
If they ever find a way too cheaply transport it, the natty market will swallow up oil trading.
I would have to disagree on it swallowing up the oil market since crude is not only an energy source but also a base material for everyday use itmes in our life and many industries from agriculture to medicine.
"Climbing a mountain that's only getting steeper"
-Barboon
I think it would swallow the
I think it would swallow the oil market. Energy for automobiles is BY FAR the most important use of oil. Everything is just a byproduct/ancillary to its main purpose. Plus we are moving towards a more "biodiesel" approach to alternative sources for plastics/agr/other materials. Anyone else want to weigh in?
LYW Monty.
LYW Monty.
2226416 wrote: LYW Monty. ???
LYW Monty.
???
WSO Conf - June 29, 2013
I think it's Love Your Work?
I think it's Love Your Work?
If I had asked people what they wanted, they would have said faster horses - Henry Ford
SB for you
SB for you
WSO Conf - June 29, 2013
I really hope deep
I really hope deep underground across the United States will ensure that natural gas will be cheap and plentiful for the foreseeable future.
alizinaV wrote: I really hope
I really hope deep underground across the United States will ensure that natural gas will be cheap and plentiful for the foreseeable future.
You single? haha only kidding. But seriously, are you?
If I had asked people what they wanted, they would have said faster horses - Henry Ford
happypantsmcgee wrote: I
I think it's Love Your Work?
Indeed it is.
Think this is going to hamper
rjroberts1 wrote: @kingb the
check out Crosstex Energy
Everyone will be drilling for
LNG and global gas is going
Another indication nat gas is