Not Logged In Log In   Sign Up   Points Leaders
Follow Us    7:32 PM

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
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
cssco
Champion Author Virginia

Posts:10,421
Points:2,504,800
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.
mrbee
Champion Author Little Rock

Posts:6,989
Points:3,238,305
Joined:Oct 2005
Message Posted: Apr 14, 2012 10:41:33 PM

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

Posts:2,470
Points:1,405,335
Joined:Jun 2010
Message Posted: Apr 14, 2012 10:38:50 PM

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

Posts:6,169
Points:1,580,545
Joined:Sep 2009
Message Posted: Apr 14, 2012 10:37:53 PM

got to make money back
millerin
Champion Author Orlando

Posts:5,022
Points:1,191,050
Joined:Jan 2012
Message Posted: Apr 14, 2012 10:37:29 PM

hmmm...
boborobot
Champion Author Michigan

Posts:1,057
Points:1,125,790
Joined:Dec 2011
Message Posted: Apr 14, 2012 10:36:19 PM

I agree with Kitty1750 !
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
ramgas
Champion Author Texas

Posts:4,074
Points:1,864,695
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.
gmcgas
Champion Author Atlanta

Posts:9,259
Points:2,485,970
Joined:Mar 2004
Message Posted: Apr 14, 2012 10:28:23 PM

ok
cssco
Champion Author Virginia

Posts:10,421
Points:2,504,800
Joined:Feb 2006
Message Posted: Apr 14, 2012 10:27:59 PM

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

Posts:9,224
Points:2,127,965
Joined:Oct 2008
Message Posted: Apr 14, 2012 10:21:22 PM

Wow sounds pretty dangerous.
tippybuddy
Champion Author Ontario

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

ok
Mr Tex
Champion Author Dallas

Posts:1,191
Points:2,647,215
Joined:Jan 2004
Message Posted: Apr 14, 2012 10:19:42 PM

Someone moving on natural gas.
colaguy
Champion Author Columbia

Posts:5,084
Points:1,557,170
Joined:Oct 2008
Message Posted: Apr 14, 2012 10:18:56 PM

ok
FunMyster
All-Star Author Indiana

Posts:912
Points:74,315
Joined:Jul 2011
Message Posted: Apr 14, 2012 10:12:49 PM

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

Posts:3,356
Points:2,076,605
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>
OSW
Champion Author Pittsburgh

Posts:9,737
Points:1,298,525
Joined:Aug 2011
Message Posted: Apr 14, 2012 10:09:31 PM

more lng cars now
heydano67
Champion Author California

Posts:2,682
Points:1,046,065
Joined:Feb 2012
Message Posted: Apr 14, 2012 10:08:45 PM

Convert excess into diesel.
1mrtym
Veteran Author Houston

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

ok
fenster66
Champion Author Pittsburgh

Posts:6,584
Points:1,449,570
Joined:May 2011
Message Posted: Apr 14, 2012 10:05:54 PM

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

Posts:9,680
Points:2,354,030
Joined:Jan 2008
Message Posted: Apr 14, 2012 10:04:03 PM

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

Posts:6,470
Points:1,492,720
Joined:May 2011
Message Posted: Apr 14, 2012 10:03:33 PM

whatever...
Stevein228
Rookie Author Mississippi

Posts:78
Points:403,060
Joined:Jun 2011
Message Posted: Apr 14, 2012 10:02:01 PM

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

Posts:11,878
Points:1,413,365
Joined:Jan 2008
Message Posted: Apr 14, 2012 10:00:06 PM

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

Posts:5,155
Points:1,233,185
Joined:Jul 2005
Message Posted: Apr 14, 2012 9:55:09 PM

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

Posts:3,537
Points:886,655
Joined:Oct 2008
Message Posted: Apr 14, 2012 9:54:26 PM

how will this help
warlord1
Champion Author Georgia

Posts:7,694
Points:1,766,235
Joined:May 2010
Message Posted: Apr 14, 2012 9:52:39 PM

ok
packards42
Champion Author Washington

Posts:9,335
Points:1,781,070
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.
clermont40miles
Champion Author Cincinnati

Posts:14,656
Points:2,541,050
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.
Hangnail309
Champion Author Manitoba

Posts:9,168
Points:2,430,820
Joined:Aug 2006
Message Posted: Apr 14, 2012 9:50:39 PM

Just get it done.
DeeLA
Champion Author Los Angeles

Posts:7,945
Points:2,127,680
Joined:Nov 2008
Message Posted: Apr 14, 2012 9:46:38 PM

They are thinking outside the box.
mdskier
Champion Author Sacramento

Posts:11,177
Points:2,043,150
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 ?
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?
ericbcire
Champion Author Nevada

Posts:7,724
Points:2,037,435
Joined:Aug 2009
Message Posted: Apr 14, 2012 9:42:39 PM

Just get it done.
teamsimons
Champion Author South Carolina

Posts:4,027
Points:1,107,335
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.
REKEY
Champion Author South Carolina

Posts:11,757
Points:2,463,625
Joined:May 2008
Message Posted: Apr 14, 2012 9:40:49 PM

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

Posts:6,820
Points:1,485,215
Joined:May 2011
Message Posted: Apr 14, 2012 9:39:13 PM

Ok
crep1291
Champion Author Ottawa

Posts:3,156
Points:561,965
Joined:Dec 2010
Message Posted: Apr 14, 2012 9:36:43 PM

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

Posts:5,383
Points:1,411,150
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.
kingofcode
Champion Author Florida

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

OKAY
planoiceman
Champion Author Dallas

Posts:4,066
Points:970,040
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.
hibsaw
Champion Author Mississippi

Posts:11,303
Points:2,456,640
Joined:Feb 2008
Message Posted: Apr 14, 2012 9:26:11 PM

I love that LNG.
nvwarped
Champion Author Corpus Christi

Posts:3,747
Points:1,205,225
Joined:Sep 2011
Message Posted: Apr 14, 2012 9:26:07 PM

ok
esorsd
Champion Author St. Louis

Posts:8,774
Points:2,403,040
Joined:May 2005
Message Posted: Apr 14, 2012 9:26:02 PM

Hope it works.
FlyNFool
Champion Author South Carolina

Posts:11,382
Points:2,454,770
Joined:Aug 2008
Message Posted: Apr 14, 2012 9:24:42 PM

Persistence pays off!
Rancher23
Champion Author Cincinnati

Posts:5,634
Points:1,213,410
Joined:May 2011
Message Posted: Apr 14, 2012 9:23:10 PM

Whatever!!!
g747
Champion Author Mobile

Posts:7,546
Points:1,652,340
Joined:Jul 2009
Message Posted: Apr 14, 2012 9:21:29 PM

We need that for ourselves.
ShabbyPA
Champion Author Pennsylvania

Posts:3,024
Points:732,420
Joined:Nov 2007
Message Posted: Apr 14, 2012 9:16:19 PM

Keep it here in the Usa for Americans!!
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.
Bud122CA
Champion Author California

Posts:10,174
Points:2,345,195
Joined:Jul 2008
Message Posted: Apr 14, 2012 9:12:14 PM

So is this another "loan" before they go bankrupt? Go for it Mr. O. Why change now?
Post a reply Back to Topics