Both the May 14, 2019 issues of the Washington Post and The New York Times articles about the Chines trio increase commented the US LNG was included.
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The Chinese are buying less of our LNG but it is not as serious a problem as that facing the farmers, automakers, etc. Basically all industries and businesses that use steel and aluminum have increasing costs and declining income. Now if this was happening say three to four years from now when there was three or more times the volume of LNG being exported, that would be a big problem. This is a boon to LNG buyers now that long term contracts are history. Spot prices will fluctuate quite a bit and pose an opportunity for buyers.
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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