teenitup
Champion Author
Houston
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Points:249,915
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Message Posted: Sep 26, 2012 8:25:11 PM
An Energy Information Administration report found that increasing exports might raise electricity bills by an average of 1 to 3% annually between 2015 and 2035.
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fracknsave
Champion Author
Grand Rapids
Posts:1,666
Points:58,000
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Message Posted: Sep 26, 2012 7:44:06 PM
The DOE has any say over nat gas exports?
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Edpap
Champion Author
Pennsylvania
Posts:4,329
Points:506,925
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Message Posted: Sep 26, 2012 10:26:34 AM
HURRY UP AND EXPORT BECAUSE THE PRICE IS TOO LOW!!!! They just want to jack up all the prices on our domestic users.
If your congressman is in the bipartisan group of 16 ...get him impeached..he is owned by the industry.
Don't buy the BS about jobs...it is all about greed and money.
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Martinman
Champion Author
Mississippi
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Message Posted: Sep 26, 2012 9:58:14 AM
This comes from the 'other' article on this same topic:
"Asian gas buyers as of July paid almost six times the futures price in the U.S., where it has been..."
-----
Let's see.
- LNG (liquidified Natural Gas - that requires petroleum energy to cool and condense into liquid) is almost six times the futures commodity price here in the U.S.
Conversely.
- in the U.S., where it is almost six time cheaper, driven low by the shale boom.
Inquiring minds wonder, which price will change?
1. Will the price "Asian markets" currently pay drop to the futures contract prices in the U.S.;
or...
2. Will U.S. futures market prices climb almost six times their current price, to meet world market prices?
Realize that the entrance of "Asian markets" (code for China) were to enter the U.S. futures markets as actual buyers, would have the same effect that the "Asian buyers" had on U.S. grain commodity prices when they entered the U.S. grain commodities markets several years ago - resulting in the futures prices more than doubling in just a few years.
And the effects would go well beyond just natural gas/liquified natural gas, that same stuff that heats and power homes and businesses across the U.S. and Canada.
Think about this.
What effect just doubling natural gas prices would have on electric power generation, given the relative number of new power generating plants that are currently being built, are now largely natural gas fired?
And natural gas is used to make almost all fertilizer in the U.S., is used exclusively to dry American grain for storage, as well as to transport and refine the very heavy crude grades such as Canadian tar sands crude?
This is in addition to numerous other uses in North America.
This isn't about simply developing an export market, its about 'maximizing profit potential' (a.k.a. code for 'raising the price of') by diversion of OUR natural resources in order to maximize THEIR corporate profits.
Funny, how the industry only uses "supply and demand" only when its in their best interest to do so - without regard to the consequences to the country that made those resources even available, from which they profit.
This is the same corporate scheme TransCanada is attempting to use with the Keystone XL pipeline - a corporate redistribution of wealth, by exporting the resources of one country, to the highest bidder on the international market (in this case China).
That's okay, the Chinese are only going to use it to power their industrial base, which they in-turn will use to pump out more cheap-junk to export and place on the shelves at WalMart - furthering our foreign trade deficit, and American money flowing to China.
.
[Edited by: Martinman at 9/26/2012 1:08:11 PM EST]
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jtravis711
Sophomore Author
Orange County
Posts:174
Points:197,415
Joined:Feb 2011
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Message Posted: Sep 26, 2012 9:07:53 AM
Its a market that makes it worth while to produce more here. More jobs here and other fuel prices can drop because of the new supply of an altenitive fuel.
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darkform
Veteran Author
Illinois
Posts:352
Points:368,010
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Message Posted: Sep 26, 2012 8:15:31 AM
Export it. And then watch the prices we pay here at home increase.
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puinsai808
Champion Author
Honolulu
Posts:3,539
Points:726,330
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Message Posted: Sep 26, 2012 8:01:41 AM
ok
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doeslayersr
Champion Author
Illinois
Posts:9,116
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Message Posted: Sep 26, 2012 6:48:32 AM
Exports are good, they bring $$$$$ into this great Republic, instead of sending it to Asian and Southwest Asian countries.
This country has exported fossil fuels in raw and refined forms since before WW II and continues to this day. NG exports are not new.
[Edited by: doeslayersr at 9/26/2012 9:54:45 AM EST]
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Martinman
Champion Author
Mississippi
Posts:14,739
Points:2,093,830
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Message Posted: Sep 26, 2012 6:36:15 AM
This BLOG article from a political website, does not meet Submission Guidelines
URL address:
http://thehill.com/blogs/e2-wire/e2-wire/258487-lawmakers-step-up-pressure-on-doe-for-natural-gas-exports
Apparently, some didn't get the 'hint' yesterday, or the day before, or the day before, or...
... or maybe they just don't give a da-- !
(darn)
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Martinman
Champion Author
Mississippi
Posts:14,739
Points:2,093,830
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Message Posted: Sep 26, 2012 6:31:56 AM
IBFTL
(actually, its IBFTD - in before the deletion...)
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Martinman
Champion Author
Mississippi
Posts:14,739
Points:2,093,830
Joined:Sep 2005
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Message Posted: Sep 26, 2012 6:29:49 AM
"“[A]llowing natural gas — like other U.S. commodities — to have the opportunity to sell its product on the worldwide market will create new jobs and help balance our trade deficit,” the letter said...."
-----
They forgot that one teeny tiny minor point...
... and increase the price for natural gas, which is currently hurting corporate profits...
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ss70
Champion Author
Detroit
Posts:9,653
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Message Posted: Sep 26, 2012 5:54:13 AM
Throw some money for PAC's and suddenly law makers are ready to do anything for you
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zwsn01
All-Star Author
Alabama
Posts:691
Points:440,150
Joined:Jan 2012
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Message Posted: Sep 26, 2012 5:14:59 AM
I thought America was a free country. Let capitalism determine where and at what price to sell fuel.
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SaraiM
Champion Author
St. Louis
Posts:1,322
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Message Posted: Sep 26, 2012 5:12:25 AM
No!
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bigmoo63
Champion Author
Kalamazoo
Posts:1,275
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Message Posted: Sep 26, 2012 4:41:13 AM
DOE and its czar Steven Chu again. Another clueless moron.
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JohnofGB
Champion Author
Flint
Posts:5,421
Points:1,096,195
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Message Posted: Sep 26, 2012 3:37:33 AM
The Obama administration has dragged its feet when it comes to natural gas. The only cleaner power that they were interested in , was solar where they gave away U.S. taxpayer dollars to now bankrupt solar companies. Obama needs to be a one term president.
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djgunrunner
Champion Author
Salt Lake City
Posts:10,099
Points:2,348,605
Joined:Apr 2005
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Message Posted: Sep 26, 2012 2:23:47 AM
Just do not ask for anything to support Natural Gas. Obama does not support it so that means that chuie will not support it. Who is kidding who?
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mastermariner
Champion Author
Texas
Posts:4,247
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Joined:Jun 2011
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Message Posted: Sep 26, 2012 1:48:11 AM
There goes are energy, over to China
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VB_Richard
Champion Author
Virginia Beach
Posts:1,658
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Message Posted: Sep 26, 2012 1:25:30 AM
Balancing trade is tricky.
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FieroGT
Champion Author
Twin Cities
Posts:14,317
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Message Posted: Sep 26, 2012 1:10:40 AM
I agree with chuckwthompson. Somebody needs to give GM a kick in the butt and get CNG cars built.
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mrjames1818
Champion Author
New Jersey
Posts:1,545
Points:1,998,095
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Message Posted: Sep 26, 2012 1:08:57 AM
No exports until the Nat Gas "Fuels" economy here by lowering energy costs. Then only export excess.
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TIGERPAW46
Champion Author
Florida
Posts:7,126
Points:1,355,680
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Message Posted: Sep 26, 2012 1:07:11 AM
We don't need to export if it will cause higher prices in the USA. wE ALSO NEED TO NOT EXPORT DIESEL & OIL SINCE IT IS CONTRIBUTING TO HIGHER PRICES HERE IN THE USA.
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chuckwthompson
Champion Author
Charlotte
Posts:3,755
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Message Posted: Sep 26, 2012 12:59:37 AM
We need to keep our fuel resources here in America!
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lgwhitlock
Champion Author
Chico
Posts:7,385
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Message Posted: Sep 26, 2012 12:46:25 AM
As long as our prices stay reasonable...
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gassy4u
Champion Author
Mobile
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Message Posted: Sep 26, 2012 12:46:04 AM
Eliminate Chu.
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ddgb40
Champion Author
Las Vegas
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Message Posted: Sep 26, 2012 12:44:19 AM
Ok
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runner74
Champion Author
Washington
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Message Posted: Sep 26, 2012 12:44:11 AM
ok
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MDTDriver
Champion Author
California
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Message Posted: Sep 26, 2012 12:40:10 AM
First export most of our crude now export most of our natural gas?
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speedys
Champion Author
Utah
Posts:7,015
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Message Posted: Sep 26, 2012 12:39:39 AM
Only export what we can't use here.
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CarefreeVT
Champion Author
Burlington
Posts:1,806
Points:258,055
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Message Posted: Sep 26, 2012 12:39:02 AM
@Fitwit A real up and coming Market is Industrial Hemp...
This Administration (meaning those idiots in office) LOVE indirectly taxing (causing a burdensome charge, obligation, duty, or demand) on the middle and lower income people of this Country!
VOTE THE SCUMBAGS OUT! ALL OF THEM! If this was first and foremost being properly utilized HERE and driving down OUR costs of fuel consumption, then yeah, sell that Sh*t on the open market. Introduce another competitive product like Industrial Hemp to the bio-fuel market to further this and bio-alga... Get this working properly in your own market before you mess up an international market... hell have we learned nothing from the housing bs or internet crap?
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pachukdog1
Champion Author
Pensacola
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Message Posted: Sep 26, 2012 12:33:30 AM
nice
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NavyEOD
Champion Author
Los Angeles
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Message Posted: Sep 26, 2012 12:29:18 AM
Boring.....
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Fitwit
Champion Author
Stockton
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Message Posted: Sep 26, 2012 12:29:02 AM
It's an up and coming market.
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AuburnTim
Champion Author
Indiana
Posts:6,828
Points:1,559,190
Joined:May 2005
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Message Posted: Sep 26, 2012 12:20:08 AM
This will do nothing but drive up the cost of natural gas and will hurt already hurting people which no recovery has even begun yet. Stop this madness and lets start worrying about this country and its people instead of the rest of the world and how much money we can make. Money money money is going to do this country in
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JSX515
Champion Author
St. Louis
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Message Posted: Sep 26, 2012 12:19:23 AM
noise
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beale055
Champion Author
Philadelphia
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Message Posted: Sep 26, 2012 12:17:50 AM
Weird
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NoGas714
All-Star Author
Indiana
Posts:740
Points:750,400
Joined:May 2005
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Message Posted: Sep 26, 2012 12:17:46 AM
Keeping it all here for us would only result in it remaining cheap.
Can't have than now, can we?
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afghaned
Champion Author
Hamilton
Posts:11,814
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Message Posted: Sep 26, 2012 12:15:53 AM
The price at home will be up, up & away from our affordability. Keep natural resources where they came from, at home.
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furiousfowl
Champion Author
Riverside
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Message Posted: Sep 26, 2012 12:14:33 AM
So much for our energy independence...
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Samo1961
Champion Author
Los Angeles
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Message Posted: Sep 26, 2012 12:13:12 AM
Where do you guys get these totally insignificant articles???
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findcheap
Champion Author
Los Angeles
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Message Posted: Sep 26, 2012 12:12:15 AM
ok
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briandbec
Champion Author
Tucson
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Message Posted: Sep 26, 2012 12:11:24 AM
Keeping it all here for us would only result in it remaining cheap.
Can't have than now, can we?
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jrschl
Champion Author
Louisville
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Message Posted: Sep 26, 2012 12:10:14 AM
There go the prices. What more could you expect with Stephen Chu involved?
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EXTREMESNOW
Champion Author
Medford
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Message Posted: Sep 26, 2012 12:07:05 AM
ok
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ec951
All-Star Author
Riverside
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Message Posted: Sep 26, 2012 12:05:31 AM
Ok.
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grouch311
Champion Author
Peoria
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Message Posted: Sep 26, 2012 12:05:17 AM
well, that makes it 5-5 for useless news articles. total waste of my time, coulda stayed at the bar, I was making progress with good looking lady
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sehonda
Champion Author
Honolulu
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Message Posted: Sep 26, 2012 12:02:40 AM
all energy should be kept for domestic use
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jimbonator88
Sophomore Author
California
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Joined:Aug 2012
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Message Posted: Sep 25, 2012 11:58:43 PM
you never tell me
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Buddy2264
Champion Author
Tampa
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Message Posted: Sep 25, 2012 11:55:10 PM
It is one of the few natural resources that we could become independent on, but profit and greed step in and the price will be driven up by demand outside the US. I am guessing that is why they are stalling to keep the price low and hope for more use in the US where supply can meet demand.
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SBlouch
Champion Author
San Antonio
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Message Posted: Sep 25, 2012 11:54:24 PM
Its all about the money and many additional jobs. Thought it was about building a natural gas resource here in the USA.
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