1- This is a Global Economy.
2- If you can sell a product overseas for DOUBLE what you can sell it in the USA, where would you sell that product?
3- For example, $6.88-a-gallon gasoline this week in Japan easily outstrips what U.S. motorists are paying.
4- Therefore refiners can get much more by selling refined gasoline into Japan than in the USA.
5- In Germany, gasoline sells for $8.60 per gallon ( http://worldblog.msnbc.msn.com/_news/2008/03/18/4376804-8-for-a-gallon-of-gas-in-germany-yes )
6- Therefore, UNTIL USA gasoline prices RISE to INTERNATIONAL prices, say $7 per gallon, the USA refineries will continue to EXPORT gasoline.
7 Conclusion: Because the world economies are now GLOBALIZED, the USA consumer is going to go through a PAINFUL ADJUSTMENT!!! Gasoline prices will continue UP UP and AWAY until USA prices equal foreign prices!!!
8- Great News for CLNE!!!
The great news is they are going to blow up this economy.They don't understand we have been paying less than other nations for years.It has allowed us to grow.Now,we emplode.American can't sustain grown with hight gas prices.Period.
We are sitting on a HUGE SUPPLY that will carry our Energy needs for the next several decades (while newer technologies are perfected)
The USA is blessed to have so much petroleum infused Shale.
Hydrogen Cell technology is making leaps....in a few years that will be the front page news...and will make all we discuss now meaningless. So I hope we make a bundle on CLNE...because once HYDROGEN gets going...the real revolution in energy will begin.
I think your wrong. Atlanta gas was in the process of building a LNG storage facility about 20 years ago, importing LNG from the middle east
The technology is not new and not difficult. It is very easy to reverse the process from import to export.
As I said before...I'm betting few americans know that US refiners are selling gasoline from US oil to other countries... That's why these "bimbos" get the idea that the more oil that's drilled here....will lower the price of gasoline...some think that KEYSTONE will lower the price of gasoline...
IDIOTS....KEYSTONE is going right to the GULF to the shipping tankers to be sold on the international market...And the more US oil that is found..the more will be sold to other countries.
Its great news if Natural Gas producers aren't allowed to do the same. LNG has been falling because the administration is taking a second look. For a few to make BILLIONS in profits off of a limited energy resource by selling
it to other countries while this economy flounders is outrageous.
The great news is, the USA is beholden to the chemical and fertilizer industries, with their politicians, tree-huggers and the not-in-my-backyard neighbors.
THEREFORE it will take at least 6-years to get a PERMIT to even build an exporting facility.
Then, during three more years of building the facility those good folks would fight the method for testing at each step along the way.
Then, consider another two years for finally licensing the facility to start exporting.
By that time, you will long be gone and ranting on another message-board, leaving the late-comers to argue with rbtsherman.