With a natural gas storage supply at its highest level, the NG price at one of its lowest levels, and oilfield companies laying off, why on earth would this country be imprting huge quantities of LNG. As much as 5 trillion cubic f/y. And most of it is free.

Is there no import fees to regulate this? A conservative analysis has put this country at having enough NG to sustain it for up to 100 yrs or more. Who is the peron/s to contact to question the sense in this? Is it a good idea to swamp the market?

If I'm growing enough corn to sustain my family and a little extra, why would I go buy corn at giant Wal-Mart. I guess to show them I'm a irresponsible PATRON..

I guess I'm missing something here...

Tags: lng

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Far be it from me to defend the government in general, but they do seem to be representing the public on this issue. Most people couldn't care less about the long term consequences, just give them the cheapest price you can get today.
Mark,
I agree, this has never made any sense to me. But then again, I really don't know how some of this works.
But believe me, this is not the dumbest thing I have ever heard. You shoulda been watching this site for the past few months.
BirdDawg, you always have a way of putting things into great perspective.
Good Point.

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