Replies to This Discussion

Permalink Reply by Jon Williamson on October 6, 2009 at 14:33

Looks like fluff to me. LNG is the least of our worries.

• ▶ Reply

Permalink Reply by sesport on October 6, 2009 at 16:33

Jon - Now it seems it is (the least of our worries). My take is that the LNG facilities were built due, in part, to the reported decline that may (or may not) now be at least stalemated by the discoveries of the shale plays. Hey, if it gets our gas produced & marketed, if it brings jobs & $$$$ to the local economy, I say bring on the fluff. :0), IMHO. (Oh, and of course I may stand to be corrected by one of the more knowledgeable members.)

• ▶ Reply

Permalink Reply by David on October 8, 2009 at 8:35

Another article of interest is this one:

"BP Says $25 Trillion in Energy Investments Needed (Update2)

Oct. 8 (Bloomberg) -- BP Plc Chief Executive Officer Tony Hayward said the world needs to spend more than $25 trillion on energy investments through 2030 to help meet rising demand and replace aging infrastructure.

Energy companies need to increase spending to bring online unconventional gas and oil fields such as recent discoveries of so-called shale-gas in the U.S., coal-seam gas beds in Australia and tight-shale formations in the Middle East. "

• ▶ Reply

Permalink Reply by sesport on October 8, 2009 at 11:23

David - I don't mind if they do. :0)

• ▶ Reply