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Chesapeake Energy Corporation Message Board

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  • iamgarce iamgarce Nov 3, 2012 10:09 AM Flag

    Dem in line for energy gavel says nation must reconsider natural gas exports

    then watch and listen .... if the US begins to export NG , guess where the price goes ???? the price
    will be set by other countries, who are currently paying $14-16 .... no doubt , the drillers / transporters /
    and refiners will probably do very well , but for US consumers ... not so much .. either most of the
    NG will be exported , leaving domestic US with lower supplies , or the price will rise such that
    NG will be no bargain over oil or coal ....
    i, for one , would be in favor of the Fed Govt setting export quotas , such that NG can remain as
    an abundant and cheap energy source for US residents !!!! .... garce

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