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!!!
Permalink Reply by Land Rat on September 12, 2013 at 8:15 So, at what $ amount do these exports become uneconomic? $5? Maryland is very close to Marcellus which is even more prolific than HS.
Permalink Reply by adubu on September 13, 2013 at 6:29 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:
Permalink Reply by Glenn Kadison on September 18, 2013 at 7:34 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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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…
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