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  • norrishappy norrishappy Nov 2, 2012 7:39 PM Flag

    Gas boom means U.S. exports grow fastest rate since ’70s

    You Progressives are doing a terrible job of trying to trick fellow Americans. Real clowns.

    More Occult investment and economic story telling.

    "shipping gas to Asia offers high premiums. LNG — which is chilled to minus 260 degrees Fahrenheit (minus 162 Celsius) and loaded onto tankers — averaged $17.06 per million British thermal units this year in Japan, more than six times the average U.S. gas price."

    Net Exporter

    Exporting to neighboring countries allows pipeline companies and gas producers to reach new markets without the risk of the LNG trade, said Judith Dwarkin, chief energy economist at ITG Investment Research in Calgary."

    If our Obama economy with record unemployment, falling living standards and job creation not keeping pace with population growth cannot utilize our natural gas Asia will.

    In fact China's new directive for surface fuel - trucks, cars, trains and ships, is natural gas.

    To displace imported oil and has nothing to do with limiting coal burn.

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