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Re: pops216 post# 32192

Sunday, 06/26/2011 8:57:59 PM

Sunday, June 26, 2011 8:57:59 PM

Post# of 35087
Pops I don't think we will see LNG anymore of a player in the near future than it is right now. The Company I work for has a LNG plant and the cost to build was huge and the cost to produce LNG is high compared to a pipeline system. The main reasons for the cost of LNG is in the processing it admits a lot of green house gases so capturing and disposing of these is high and the other huge cost is repairs do to Corrosion. About the only way LNG is feasible right now is if the cost to acquire right of way is super high or local laws prevent more pipeline expansion in the area. USOG is in a good position in the areas they are in especially selling diesel to the drillers and propane and heating oil for homes. As long as most of us keep the faith and the market don’t get flooded with bargain basement shares we should get out of this last ordeal and be just fine GLTY

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