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Re: quarterdeck1 post# 50

Monday, 07/18/2011 2:39:11 PM

Monday, July 18, 2011 2:39:11 PM

Post# of 209
Right now there is no need for LNG terminals.

The price of nat gas sells at a steep discount to oil on a BTU basis because there is so much available. And, there are not enough pipelines to distribute it.

Here in North Texas last year pipeline companies were curtailing the amount of gas they would accept from wells because they had a surplus compared to pipe capacity.

The future's so bright I have to wear shades.

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