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The coming battle over natural gas

Financial Post -- From co-dependent natural gas consumers and developers, Canada and the United States may soon be competing with each other as both countries start advancing their production plans for liquefied natural gas (LNG).

“I think there is a sense of competition at the moment between the U.S. and Canada for the [Asian] market,” said Noel Tomnay, head of global gas at Wood Mackenzie, an energy research and consulting firm.

Rising natural gas production on both sides of the border, coupled with benchmark Henry Hub prices tracking 31-year lows, are forcing North American producers to find growing markets willing to pay more.

“Currently, the U.S. is clearly advantaged because it has the existing infrastructure,” Mr. Tomnay said.


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Submitted Apr 06, 2012 By: dasAuto
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: The coming battle over natural gas Back to Topics
REPLIES (newest first) Post a Reply
Agarre
Champion Author Richmond

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Message Posted: Apr 6, 2012 8:41:15 PM

ok
letterchunker
Champion Author Texas

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Message Posted: Apr 6, 2012 8:40:13 PM

more greed
Barfood
Champion Author St. Louis

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Message Posted: Apr 6, 2012 8:37:21 PM

We need to keep it for our own uses!
pitamon
Champion Author Philadelphia

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Message Posted: Apr 6, 2012 8:37:16 PM

I lived in West TX in the early 80's and I knew a man who ran his pickup truck on LP. So why aren't we?
mcmonsta
Champion Author Honolulu

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Message Posted: Apr 6, 2012 8:33:54 PM

at this point cheaper is better
Ahking
Champion Author Orange County

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Message Posted: Apr 6, 2012 8:33:48 PM

Maybe this international trade competition is another reason not to build the Keystone XL pipeline for Canada to ship through the U.S.
cutter1330
Champion Author Oklahoma

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Message Posted: Apr 6, 2012 8:26:03 PM

Sounds good for both countries.
bigdipperMS
Champion Author Mississippi

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Message Posted: Apr 6, 2012 8:25:57 PM

Those that don't see that LNG is the way to go just don't want to. It is a clean burning fuel (less CO2 emission); we have an abundant supply that will last until the next century and it will not damage internal combustion engines as does the 10% ethanol fuel. Besides it will help increase the price of natural gas which would increase my royalty check.
The_DR
Champion Author New Jersey

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Message Posted: Apr 6, 2012 8:22:59 PM

USA!
uptherefiners
Champion Author Chicago

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Message Posted: Apr 6, 2012 8:22:07 PM

does Canada have the nuke? ;P
crashintuc34
Champion Author Tucson

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Message Posted: Apr 6, 2012 8:19:17 PM

Alright.
adgam
Champion Author Orange County

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Message Posted: Apr 6, 2012 8:17:36 PM

ok
Kaiyne
Champion Author Chicago

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Message Posted: Apr 6, 2012 8:17:11 PM

As long as people want it, the price will soar!
MadTraveler
Champion Author Idaho

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Message Posted: Apr 6, 2012 8:13:59 PM

There is not shortage of fighting issues - for those that want to fight.
warlord1
Champion Author Georgia

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Message Posted: Apr 6, 2012 8:13:23 PM

ok
EmperorsFinest
Champion Author Chicago

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Message Posted: Apr 6, 2012 8:11:39 PM

I am willing to try it if it's cheaper.
tamiuron
Champion Author Laredo

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Message Posted: Apr 6, 2012 8:10:43 PM

Good for US.
bababooey2
Champion Author Hartford

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Message Posted: Apr 6, 2012 8:08:18 PM

Let the BS start.
mitchells
Champion Author Montreal

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Message Posted: Apr 6, 2012 8:05:32 PM

there is so much NG available, why is anyone fighting over this?
Tucker1961
Champion Author Seattle

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Message Posted: Apr 6, 2012 8:05:27 PM

don't they have rice burners over there
heysailor
Champion Author Pittsburgh

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Message Posted: Apr 6, 2012 8:00:56 PM

Let the Canadians win this one; keep our fuel here
methaneman
Champion Author Minnesota

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Message Posted: Apr 6, 2012 7:56:12 PM

Wait till more vehicles use nat gas. Then the price will sky rocket.
Ken2OD
Champion Author Grand Rapids

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Message Posted: Apr 6, 2012 7:54:59 PM

My new natural gas budget dropped by 30% from last year.
1cheapgasin
Champion Author Indianapolis

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Message Posted: Apr 6, 2012 7:54:09 PM

If I used coal they would find a way to hike the price on it too.
DABEE1073
Champion Author San Diego

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Message Posted: Apr 6, 2012 7:52:55 PM

WHAT EVER. GO FOR IT.
suzyq2007
Champion Author Dallas

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Message Posted: Apr 6, 2012 7:51:51 PM

we should keep this here for our own use and keep the prices down
TDIdave
Champion Author California

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Message Posted: Apr 6, 2012 7:51:34 PM

hmmm.
theschmuck
Champion Author Michigan

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Message Posted: Apr 6, 2012 7:50:14 PM

'goneupagain' has it right, and when it's done it will be just like the gas prices, they'll sell to the highest bidder and the public will be screwed again.
darkknight1
Champion Author Winston-Salem

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Message Posted: Apr 6, 2012 7:43:51 PM

hmmmm
GoneUpAgain
Champion Author Atlanta

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Message Posted: Apr 6, 2012 7:42:52 PM

Hell, our prices are already high. I'm not seeing any benefit to this so-called over supply. My gasrate hasn't dropped in more than a year.
my2002m
Champion Author Tulsa

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Message Posted: Apr 6, 2012 6:33:35 PM

We need to keep it here otherwise our prices will jump and we will pay for it.
kiosk12y
Champion Author Tulsa

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Message Posted: Apr 6, 2012 2:11:01 PM

ok
race2IT
Champion Author Fort Worth

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Message Posted: Apr 6, 2012 2:02:53 PM

The speculators will screw it up, so don't them.
Galmar352
Champion Author San Antonio

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Message Posted: Apr 6, 2012 12:54:18 PM

so.
BudsterMO
Champion Author Kansas City

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Message Posted: Apr 6, 2012 12:38:57 PM

America, enjoy the low natural gas prices while they last. Keep the Gas and Electric utilities regulated.
Digger52
Champion Author Chicago

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Message Posted: Apr 6, 2012 12:36:20 PM

Hmmmmm. . .
jalan25
Champion Author Indianapolis

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Message Posted: Apr 6, 2012 12:26:44 PM

Interesting
RichFWA
Champion Author Tacoma

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Message Posted: Apr 6, 2012 12:19:01 PM

sounds good to me.
NorthglennBill
Champion Author Denver

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Message Posted: Apr 6, 2012 12:17:53 PM

Better idea - lower the price for consumers in the US.
ShudBWalking
Champion Author Kitchener-Waterloo

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Message Posted: Apr 6, 2012 12:17:47 PM

North America should unite, and weaken the power of given to these other countries because they have gas
SpankyMI
Champion Author Kalamazoo

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Message Posted: Apr 6, 2012 12:17:23 PM

Competition has always been good for the consumers hasn't it?
tessnlu
Champion Author Missouri

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Message Posted: Apr 6, 2012 12:17:06 PM

Driving up prices for everyone. Greed!
hank1326
Champion Author Los Angeles

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Message Posted: Apr 6, 2012 12:16:05 PM

Time will tell the truth.
DirtDauber
Champion Author San Antonio

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Message Posted: Apr 6, 2012 12:15:06 PM

Good.
amayne11
Champion Author Vancouver

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Message Posted: Apr 6, 2012 12:14:59 PM

Cooperation would advance the situation faster.
gilfarm
Champion Author Alabama

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Message Posted: Apr 6, 2012 12:14:53 PM

BRING IT ON!
timbyus1
Champion Author Fort Worth

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Message Posted: Apr 6, 2012 12:14:44 PM

read
NotmeuQc
Champion Author Montreal

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Message Posted: Apr 6, 2012 12:11:52 PM

Building the infrastructure for CNG and start producing more vehicles that run on it, there wont be problem keeping it in country.

[Edited by: NotmeuQc at 4/6/2012 1:12:35 PM EST]
wang91554
Champion Author San Jose

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Message Posted: Apr 6, 2012 12:11:48 PM

too much of a good thing?
72_Monte
Champion Author Twin Cities

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Message Posted: Apr 6, 2012 12:11:09 PM


The next market to see thievery.

diegotoad
Champion Author Maryland

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Message Posted: Apr 6, 2012 12:09:42 PM

Dumb. Why not work together (ala OPEC) to make sure everyone gets the best bang for the buck.
jjw0608
Champion Author Milwaukee

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Message Posted: Apr 6, 2012 12:09:35 PM

For get it.
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