U.S. Lawmakers Press DOE to Speed Up LNG Export Review (Reuters, 06.30.12)

Begs the question ... export for $$$ or use it to re-start our own economy? 

 

http://in.reuters.com/article/2012/06/29/usa-lng-lawmakers-idINL2E8...

 

Here's the letter.

 

http://billjohnson.house.gov/uploadedfiles/final_letter_to_sec_chu_...

 

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If given approval today, by the time any of the export projects really gets going, our economy should be in better shape, or the world economy will be in such poor shape that exporting won't be viable.  The construction and manufacturing work associated with the export projects would be a small, but meaningful stimulus

There are a lot of people on the West Coast who are against exporting natgas because it will raise prices here in the US and environmental concerns.  The swing voters are looking at the possible cost of higher gas prices to Americans.

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Below is a recent article I found from the Portland Oregonian with over 40 comments. There are a couple of possible export sites in Oregon, but I don't think a facility will ever be built here - at least in my lifetime (I am 60) altho I personally support it (but I want gas prices to rise! lol!)

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http://www.oregonlive.com/business/index.ssf/2012/04/oregon_liquified_natural_gas_e.html

Higher prices are largely a red herring/misunderstanding of where we are in terms of natural gas.  In the Haynesville, if we had a long term guarantee of $5/mcf gas, folks would be drilling up a storm, keeping a lid on prices - don't get me wrong, exporting a significant amount of the US natural gas output from say 5 years ago would have radically changed prices.  

In my opinion, the environmental aspects of individual port sites are pretty significant, particularly with marine mammals and such.  In the large context, exporting natural gas is a greater environmental good, as it helps keep coal from getting burned in some areas, and keeps development in a reasonably regulated country.  Keeping a bigger picture, higher gas prices also support use of VRU's on oil storage tanks and reducing flaring.  

sesport II,

Both...Export for $$$ and use for U.S. Energy.  U.S. has enough nat gas supply for ALL the demand side, externally and internally.

Nat Gas:  "It's a no brainer."  Oh, I forget, the U.S. Congress doesn't understand plain English...  LOL

 "Can an energy project save a rain forest?"

http://www.iadb.org/idbamerica/index.cfm?thisid=4381

 

Sorry to be so negative... but none of this is moving foreword until "congressmen", state politicians and bureaucrats get their slice of the $$$ pie and figure out how to spin it well enough to get support from the key "environmental" groups.  We can cuss and discuss abundance and about lower CO2 all day long... just ask Boone Pickens.  Businesses have figured it out... but for the politicians... It's all about money and influence.  jhh

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