Don't export US natural gas!
Saturday, March 10, 2012 at 12:03AM 
Also per the recent Wikistrat simulation, a weird alliance of environmentalists and the US chemical industry getting together to try and put a halt to ambitious plans to export natural gas as LNG (liquid natural gas), something that big buyers like Japan are lobbying to see happen. The enviros don't want all the greenhouse gases released by fracking (mostly methane), and the chemical companies want all that cheap gas to be hoarded by the US economy to keep its feedstock flow as cost-advantageous as possible (ultimately allowing that export profit to be somewhat hoarded by the chemical industry).
If all the planned LNG export facilities were built, as much as 1/4 of US nat gas production could go abroad.
We are now 7 years past when Fed Reserve Chairman Alan Greenspan warned Congress that America needed to build more import terminals.
Peak this!
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Reader Comments (1)
I'd like to see all supports for coal ended while we encourage the use of gas - this way we move up the carbon ladder - i.e. less carbon burned/released per unit of heat. In other words, let's start closing down all of those old coal plants and build some smaller and cleaner gas ones.