Keep your eye on Dominion, Dow Chemical, and Conoco Philips. They will end up being leaders in the export end. Big political connections and greased palms on both coasts and Capitol Hill.
GD, Your not suggesting that this approval might have something to do with the close proximity to D.C. That would mean that our politicians could be bought. Say it aint so!!!
So, at what $ amount do these exports become uneconomic? $5? Maryland is very close to Marcellus which is even more prolific than HS.
Land Rat--- probably closer to $6 if they need >$1 profit margin--estimate $8 cost to process,transport, and unload at end location of user around the world markets. Final price in $15 range to user. Some other GHS members like LesB and Skip may have better numbers that I
Here's the Reuters version:
Canadian analysts fear competition from repurposed facilities in the USA. Tremendous cost advantage for the American side.
http://business.financialpost.com/2013/09/18/canada-lng/?__lsa=f334...
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