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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
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.
59glide
Champion Author New Haven

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Message Posted: Apr 6, 2012 12:09:03 PM

Keep it in North America.
bbreff
Champion Author Atlanta

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Message Posted: Apr 6, 2012 12:06:50 PM



Stupid. Keep the natural gas here for use in the US.

spiderjay
Champion Author Little Rock

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Message Posted: Apr 6, 2012 12:06:43 PM

its aways something
tauro514
Champion Author Connecticut

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Message Posted: Apr 6, 2012 12:06:38 PM

okay.
peapaw
Champion Author Ohio

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Message Posted: Apr 6, 2012 12:06:18 PM

ok
Rick01
Champion Author Utah

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Message Posted: Apr 6, 2012 12:03:51 PM

Makes no sense. NG is at a an all time low and Soon we will be paying more because greed rules where it is sold.
sljbc475
Champion Author Tucson

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Message Posted: Apr 6, 2012 12:02:55 PM

Create a bigger market of service stations with natural gas.
Amanstrom
Champion Author Los Angeles

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Message Posted: Apr 6, 2012 12:02:53 PM

Interesting
Goofoff
Champion Author Virginia

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Message Posted: Apr 6, 2012 12:01:33 PM

Read
Travel1st
Champion Author Las Vegas

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Message Posted: Apr 6, 2012 11:58:55 AM

Really
puinsai808
Champion Author Honolulu

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Message Posted: Apr 6, 2012 11:57:14 AM

Goes to show how Asia has an energy policy and Nobama doesn't.
vjs3
Champion Author Denver

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Message Posted: Apr 6, 2012 11:55:47 AM

Really don't see this as a long term solution.
letmathe
Champion Author Chicago

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Message Posted: Apr 6, 2012 11:55:26 AM

"... forcing (!) North American producers to find ... markets willing to paymore."

Another reason why local, renewable fuels are the only way to stop the manipulative speculation in current energy markets.
dacofa
Champion Author Nevada

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Message Posted: Apr 6, 2012 11:54:00 AM

As long as Obozo is in office the US will continue to be the BIGGEST LOSER.
dave1745
Champion Author Gary

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Message Posted: Apr 6, 2012 11:49:08 AM

hmm
DozenSpeed
Champion Author St. Louis

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Message Posted: Apr 6, 2012 11:48:21 AM

Ffftttt.
mreiff
Champion Author Louisville

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Message Posted: Apr 6, 2012 11:47:22 AM

With excess supply this battle is a long time off.
Rt118E
Champion Author Pennsylvania

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Message Posted: Apr 6, 2012 11:46:52 AM

We need to get vehicles switched to LNG & get away from Arab Oil
Point__man
Champion Author Raleigh

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Message Posted: Apr 6, 2012 11:46:47 AM

we need stable leadership from the top to guide us to an economical resolution of our fuel problems. we are being steered in too many directions and once on a path we see them failing due to changes in leadership . . . we need stability and a leadership that will back their plans with regulations to guarantee it.

Natural gas seems right now to be more important to the leadership as an export to be taxed to the hilt to support more excessive government spending and not as a fuel for Americans at a descent price.
zonkthegreat
Champion Author San Diego

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Message Posted: Apr 6, 2012 11:46:15 AM

And the price of Nat gas is at a 10 year low. How does that make any since?
firechief
Champion Author New York

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Message Posted: Apr 6, 2012 11:41:13 AM

yup all over the place
Bhmf4
Champion Author Alabama

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Message Posted: Apr 6, 2012 11:39:35 AM

Since we have all this natural gas and it is cheap, why are we not building cars to use it? Maybe Government Motors can tell us what direction they are getting from Obama that keeps them from marketing a car to run on Natural gas?
mageetp
Champion Author British Columbia

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Message Posted: Apr 6, 2012 11:39:16 AM

Ours is probably already spoken for.
njerald
Champion Author Seattle

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Message Posted: Apr 6, 2012 11:39:09 AM

Keep the fossil fuels coming.......
CISA
Champion Author Orange County

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Message Posted: Apr 6, 2012 11:39:01 AM

a Pres Romney would it make it very clear there would be NO subsidies for nat gas transition-- this would speed up the transition to nat gas for fleet vehicles, trucks and eventually cars as the manufacturers would realize they would not be receiving a subsidy. a re-elected BHO would side with his enviro buddies and not subsidize the nat gas transition. so......... if there are no subsidies fleets & trucks will move as will the incentive to invest in nat gas exporting terminals (nat gas here is almost $2/bcf compared to $14-18/bck elsewhere in the world.
gvan
Champion Author Chicago

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Message Posted: Apr 6, 2012 11:38:37 AM

"if the economy of a natural gas car would be better than other fuels i would drive a natural gas car. i just need to know the fuel economy and if it gets high enough to make it worth buying"

The fuel is much cheaper but the natural gas car is going to make it less cost effective. The Honda Civic NG costs about $7,000 more than an equivalent gasoline powered model.
HailstormCA
Champion Author San Diego

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Message Posted: Apr 6, 2012 11:38:10 AM

Bam, bam, boom. It's a real knock down, drag out battle.
silverfoxv65
Champion Author Michigan

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Message Posted: Apr 6, 2012 11:36:12 AM

Not much advantage for the rest of us!
W5IEM
Veteran Author Lexington

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Message Posted: Apr 6, 2012 11:35:58 AM

Not a bad short-term solution, although it still isn't a viable long-term solution...
oldiesman
Champion Author New York

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Message Posted: Apr 6, 2012 11:33:25 AM

Same old story, the US has plenty of natural gas,
seahawks
Champion Author Washington

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Message Posted: Apr 6, 2012 11:33:05 AM

that is great news to the ears!!!
bigmace111
Champion Author Albany

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Message Posted: Apr 6, 2012 11:32:29 AM

Why should we compete with Canada? We should work with them in tandem and drive up the price of LNG around the world to make up for the way we get screwed on the price of oil.
marlita
Champion Author Dayton

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Message Posted: Apr 6, 2012 11:30:53 AM

great news
Dachande73
Rookie Author Pensacola

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Message Posted: Apr 6, 2012 11:30:26 AM

Great for cooking and heat...dont want it in my car though.
nwsynthetics
Champion Author Oregon

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Message Posted: Apr 6, 2012 11:25:55 AM

Eat more beans.
pse91
All-Star Author Calgary

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Message Posted: Apr 6, 2012 11:24:00 AM

Well at least there is something to battle over. It has been a looooong time since we have had something to battle over.
WilW
Champion Author Atlanta

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Message Posted: Apr 6, 2012 11:23:38 AM

Good news..until speculators queue up.
dm8711
Rookie Author Michigan

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Message Posted: Apr 6, 2012 11:22:51 AM

This is just great Fracking news!
NoStrings
Champion Author Ventura

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Message Posted: Apr 6, 2012 11:22:39 AM

ok
snappytom2
Champion Author Corpus Christi

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Message Posted: Apr 6, 2012 11:22:21 AM

Hmm.
bicycler
Champion Author Ontario

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Message Posted: Apr 6, 2012 11:22:11 AM

Car54BC08; They will not hold back because maximum profit usually rules the the game.
car54BC
Champion Author British Columbia

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Message Posted: Apr 6, 2012 11:20:48 AM

LNG sells for much more in Asia, than in North America
billy44bo
Champion Author Mobile

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Message Posted: Apr 6, 2012 11:19:38 AM

good for them
berniMI
Champion Author Flint

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Message Posted: Apr 6, 2012 11:18:30 AM

I believe we need to know more about this subject first.
Caribou2011
Champion Author Ohio

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Message Posted: Apr 6, 2012 11:17:56 AM

Ok
AC-302
Champion Author Los Angeles

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Message Posted: Apr 6, 2012 11:16:36 AM

Great for us. Let's hope nat gas takes off. We need to balance our trade better.
dynamouse
Champion Author Michigan

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Message Posted: Apr 6, 2012 11:15:23 AM

F the Asian market drill here stays here
Car54BC08
Champion Author British Columbia

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Message Posted: Apr 6, 2012 11:14:51 AM

Just because there is a large supply of natural gas doesn't mean you have to use it all up ASAP.
jamieg2012
Veteran Author Sioux Falls

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Message Posted: Apr 6, 2012 11:14:47 AM

if the economy of a natural gas car would be better than other fuels i would drive a natural gas car

i just need to know the fuel economy and if it gets high enough to make it worth buying
TheDix
Champion Author Ontario

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Message Posted: Apr 6, 2012 11:14:40 AM


Better get Fracking.
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