The current development of oil and gas pipelines is really a gathering of smaller projects
With the exception of the ones from the Gulf coast area designed to address the severely under-served north-eastern portion of the U.S.
{ ... the exporting of energy I realize it will take some time for the U.S. to start exporting oil and natural gas in quantity ... }
Yes, the current plans for liquifaction of NG as the exportable product requires billions of dollars and several years for each new plant. And while this is going on Australia is doing it's own projects to export LNG, to Asia especially, so the competition will be fierce on that front, possibly making some of the U.S. planned LNG export projects infeasible.
As to the 35 miles, IIRC that was from a Russian project PR? Regardless s/b about the same if we had a similar set of design parameters for the pipeline.
Chances for all those approved pipelines would improve substantially if the price of NG would ever get out of the multi-year doldrums price has been in. I don't know the chances since fraccing rigs can be stood up again and start working so quickly. Any noticeable price rise might be met with near-immediately increased production, capping the price upside.
Export is the best option if they can make it work because price elsewhere in the world is based on BTU content and generally is a relatively stable multiple relative to oil.
Bill
