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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.


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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:24,049
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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

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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:12,126
Points:2,554,900
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

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Joined:Jul 2006
Message Posted: Apr 15, 2012 12:04:51 AM

hmmmmm
kgbellman
Champion Author Ann Arbor

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Message Posted: Apr 15, 2012 12:02:46 AM

more pockets to be lined?
big_mac64
Champion Author Tennessee

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Message Posted: Apr 14, 2012 11:59:32 PM

whatever
kgbellman
Champion Author Ann Arbor

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Joined:Mar 2011
Message Posted: Apr 14, 2012 11:58:48 PM

more pockets to be lined?
PoohMcGoo
Champion Author Alabama

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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

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Message Posted: Apr 14, 2012 11:56:08 PM

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

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Message Posted: Apr 14, 2012 11:53:58 PM

really??
bif65
Champion Author Virginia

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Joined:Jan 2011
Message Posted: Apr 14, 2012 11:53:55 PM

ok
shari128
All-Star Author Iowa

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Message Posted: Apr 14, 2012 11:52:11 PM

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

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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

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Message Posted: Apr 14, 2012 11:52:05 PM

Say What?
onegiraffeAL
Champion Author Alabama

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Message Posted: Apr 14, 2012 11:49:35 PM

k
gilfarm
Champion Author Alabama

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Message Posted: Apr 14, 2012 11:48:44 PM

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

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Message Posted: Apr 14, 2012 11:45:18 PM

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

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Message Posted: Apr 14, 2012 11:45:03 PM

Ok
flghtmedic
All-Star Author Pensacola

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Message Posted: Apr 14, 2012 11:42:31 PM

Ok
roadrunnin
Champion Author Richmond

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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

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Message Posted: Apr 14, 2012 11:41:49 PM

ANYONE LOOKING FOR A JOB?
AnObserver
Champion Author New Jersey

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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

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Message Posted: Apr 14, 2012 11:37:50 PM

and done without governmental money
carman11
Champion Author North Carolina

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Message Posted: Apr 14, 2012 11:35:54 PM

WOW
DblChek
Champion Author San Antonio

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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

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Message Posted: Apr 14, 2012 11:34:53 PM

might work out
DriverofRed
Champion Author Calgary

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Message Posted: Apr 14, 2012 11:33:25 PM

good for them
THX138
Champion Author San Francisco

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Message Posted: Apr 14, 2012 11:31:47 PM

k
bginsj
Champion Author San Jose

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Message Posted: Apr 14, 2012 11:31:31 PM

Interesting
CQQKIE
All-Star Author Illinois

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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

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Message Posted: Apr 14, 2012 11:31:01 PM

No underground storage left?
sparkie951
Champion Author Roanoke

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Message Posted: Apr 14, 2012 11:27:48 PM

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

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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

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Message Posted: Apr 14, 2012 11:26:20 PM

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

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Message Posted: Apr 14, 2012 11:25:41 PM

There go our gas prices.
drobbbb
Champion Author Maryland

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Message Posted: Apr 14, 2012 11:25:17 PM

Ok
TheSnowstorm
Champion Author Montreal

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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

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Message Posted: Apr 14, 2012 11:21:16 PM

ok
Akcamper
Veteran Author Tucson

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Message Posted: Apr 14, 2012 11:21:11 PM

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

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Message Posted: Apr 14, 2012 11:20:23 PM

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

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Message Posted: Apr 14, 2012 11:17:15 PM

We should export Obama!
mgune9
All-Star Author Dallas

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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

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Message Posted: Apr 14, 2012 11:12:43 PM

not under obummer's watch
Lukus
Champion Author Halifax

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Message Posted: Apr 14, 2012 11:11:55 PM

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

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Message Posted: Apr 14, 2012 11:08:23 PM

Good luck
miiike572
All-Star Author Phoenix

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Message Posted: Apr 14, 2012 11:07:15 PM

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

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Message Posted: Apr 14, 2012 11:05:18 PM

GOOD LUCK!
USCCRN
Sophomore Author Long Island

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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:10,819
Points:3,223,650
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

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Joined:Mar 2012
Message Posted: Apr 14, 2012 10:51:33 PM

hum
bdlewis
Champion Author Colorado

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Joined:Oct 2008
Message Posted: Apr 14, 2012 10:46:30 PM

Of course
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