InvestorsHub Logo

marthambles

03/07/12 11:26 AM

#4493 RE: flatlander_60048 #4489

Flatlander

That link you provided is a little suspect. I'm not saying its wrong, but I haven't been able to confirm its contents from any news organizations that are a little more, shall we say, mainstream.

OakesCS

03/07/12 10:51 PM

#4500 RE: flatlander_60048 #4489

flatlander,
while your intended meaning is almost certainly different than the literal interpretation, it is not ridiculous for LNG companies and pipeline companies to export natural gas from the US.

1. natural gas prices are much higher in other countries so, of course, companies will chase the highest profit.

2. apparently, there are some ridiculous laws in the US that don't allow natural gas producers to resell their product in the same way that oil producers do. US oil producers can physically control their oil and the refined products from the well head to the gas station. Natural gas companies can't (or so a friend who works for CHK tells me).

guys like t-bone and soros are very good at transferring your tax dollars to their pockets. It does make sense to use natural gas for ground transportation but the infrastructure does not currently exist. t-bone wants you and me to pay for it. In a just and capitalist world, he'd put his money where his mouth is and leave my money out of it until i pull up at the gas station.
Charlie