Royal Dutch Shell PLC is continuing its push into liquefied natural gas with plans to build two plants that will serve LNG to ships and trucks around the Great Lakes and along the Mississippi River.
The Anglo-Dutch company did not specify how much the plants in Geismar, Louisiana, and Sarnia, Ontario, Canada, will cost to build, but described them as small-scale, producing a quarter million tons of LNG per year each.
When natural gas is cooled to temperatures far below zero it turns to LNG, a liquid form that makes it possible to transport without pipelines, and can be used as a fuel in specialized combustion engines.
Shell, Europe's largest oil company, now produces more gas than oil, and has been investing heavily in LNG assets around the world.
Who needs the government to incentivize transportation? Private industry will do fine without it.
More millions of dollars of investment in the US, despite those who would deny it.
Plans are not beginning construction our economy needs right now is it?
Nor is LNG a efficient way to move natural gas around America nor for engines unless it is something like an LNG tanker.
LNG is principally used for transporting natural gas to markets, where it is regasified and distributed as pipeline natural gas. It can be used in natural gas vehicles, although it is more common to design vehicles to use compressed natural gas. Its relatively high cost of production and the need to store it in expensive cryogenic tanks have hindered widespread commercial use.
What is going on is preparing for an export market. But that is Obama's political call as he holds up licenses.
The best way to export natural gas would be as methanol - value added and energy compact.
Best of all would be for our economy to go into a normal recovery and utilize the natural gas ourselves.
But given Obama delusional energy policies we do not have anywhere near the capital investment in our economy for that to happen. He is still trying to figure out how to make energy more expensive .for our own good as Americans.
Methanol instead of corn ethanol corruption would do what for our living standards?
You could take some time to understand the nature of what your are posting. But that is unfortunately against your low nature.