Monday, April 28, 2008 12:47:52 PM
That my friend is up to the Mexican Government. I can tell you where they presently get alot of their LNG from.
Presently, Alot of their product is coming from three plants in the US and one in Alberta Canada. All four of the facilities truck it into Mexico for storage, which is getting more and more expensive as diesel fuel goes up in price. In the USA, one plant is located in Texas near Houston, one in Topock, AZ and the other about 1 1/2 hours Northeast of Evanston, WY. I have been to all of these plants and all four of them put together is just a drop in a bucket compared to what they need.
LNG is the fuel of the future, at least for the next decade until they can find a way to make Hydrogen cells that won't explode!!! LNG is a very safe product to handle in a liquid form. The vapors are another story!!!!
Watch for Cheniere and their Partner in LNG storage facilities, to keep a keen eye on Mexico. When TIDE gets the permits, TIDE as we know it will be history, bought up by Cheniere!!
Wyatt
The opinions expressed here, are mine and mine alone, unless otherwise specified. Please do your own research before investing. My name is Wyatt. Ol Doc, Morgan, Virgil and I approve this message.
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