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LNG Export Plant Verges on U.S. Approval Amid Shale Glut

Bloomberg -- Cheniere Energy Inc. (LNG), the natural gas importer that lost $1.2 billion in a decade, is poised to become the sole U.S. exporter of fuel from the shale bonanza that’s turned the nation into the world’s biggest gas producer.

The government may decide as soon as next week on Cheniere’s request to build a $10 billion Louisiana plant that would be the largest in the U.S. to liquefy gas and load it onto ocean-going tankers. Regulators will discuss the project April 19. Cheniere’s shares rose as much as 11 percent in New York.


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Submitted Apr 14, 2012 By: Mudsprings
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: LNG Export Plant Verges on U.S. Approval Amid Shale Glut Back to Topics
REPLIES (newest first) Post a Reply
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Nancy&Len
Champion Author Cleveland

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Message Posted: Apr 14, 2012 6:17:41 PM

Yeap.
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Travel1st
Champion Author Las Vegas

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Message Posted: Apr 14, 2012 6:17:18 PM

ok
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sammy518
Champion Author Austin

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Message Posted: Apr 14, 2012 6:14:19 PM

ok
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madison8359
Champion Author Cleveland

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Message Posted: Apr 14, 2012 6:11:36 PM

I hope we keep some of that ng here.
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Jeff1944
Champion Author South Dakota

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Message Posted: Apr 14, 2012 6:08:13 PM

And who besides China will be the major buyers? Don't tell the greenies otherwise they will stall the project if they can.
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RetFireLT
Champion Author Kentucky

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Message Posted: Apr 14, 2012 6:01:59 PM

Ok.
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Dsin44
Champion Author Abbotsford

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Message Posted: Apr 14, 2012 5:58:11 PM

were is all the money coming from... hope not us.
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sehonda
Champion Author Honolulu

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Message Posted: Apr 14, 2012 5:54:05 PM

All exported energy should be fully taxed and subsidies removed...
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mouse24
Champion Author Pennsylvania

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Message Posted: Apr 14, 2012 5:51:25 PM

We subsidized the NG. It SHOULD stay here.
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DEG
Champion Author Las Vegas

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Message Posted: Apr 14, 2012 5:50:16 PM

The US should tend to its own energy needs.
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Zuman
Champion Author New York

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Message Posted: Apr 14, 2012 5:49:50 PM

Dopee Americans.
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badbonita
Champion Author Syracuse

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Message Posted: Apr 14, 2012 5:49:01 PM

As usual, we produce something and then promptly export it rather than keep it. What ever happened to buying local or even the same country?
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OWENALOTT
Champion Author Appleton

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Message Posted: Apr 14, 2012 5:48:59 PM

Great
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paoli8
Champion Author Philadelphia

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Message Posted: Apr 14, 2012 5:47:09 PM

Perhaps this will give a little boost to the economy
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Point__man
Champion Author Raleigh

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Message Posted: Apr 14, 2012 5:45:44 PM

how about using those tankers to ship oil to the East coast refineries ;)
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jerej829
Champion Author Memphis

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Message Posted: Apr 14, 2012 5:44:24 PM

ok
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HumminRound
Veteran Author Washington DC

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Message Posted: Apr 14, 2012 5:43:11 PM

Humm...
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Ken2OD
Champion Author Grand Rapids

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Message Posted: Apr 14, 2012 5:40:58 PM

Just keep the damn government out from the financing.
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southrob
Champion Author Tucson

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Message Posted: Apr 14, 2012 5:32:27 PM

dhan to help the economy
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carefrey
Champion Author Orlando

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Message Posted: Apr 14, 2012 5:29:10 PM

Alrighty then!
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DrCashFlow
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Message Posted: Apr 14, 2012 5:28:53 PM

What's with that?
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memo81
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Message Posted: Apr 14, 2012 5:22:48 PM

ok
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EVBuddy
Champion Author Nevada

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Message Posted: Apr 14, 2012 5:21:41 PM

There go Natural Gas Prices.
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PetroScopper
Champion Author Houston

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Message Posted: Apr 14, 2012 5:20:54 PM

Cheniere’s most-valuable asset may be its Energy Department license to ship domestic gas to nations that aren’t U.S. free-trade partners. The U.S. has free-trade agreements with 18 nations. FERC just needs to insert some wording that says they can do sell overseas as much as they want, as long as it doesn't disrupt supply here and cause major affect to the price of liquefied gas in the U.S.
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netman044
Champion Author Texas

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Message Posted: Apr 14, 2012 5:20:33 PM

Let them liquify the gas but keep it here as motor fuel.
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saleboss
Champion Author Phoenix

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Message Posted: Apr 14, 2012 5:19:15 PM

Let's keep enough here to compete with gasoline!!!!
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nigelb
Champion Author Virginia

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Message Posted: Apr 14, 2012 5:16:22 PM

w4kh said "No reason they shouldn't be allowed to build it - good for jobs, good for the economy, and good for balance of trade... what's the holdup?"

Yes it might create jobs but it will alow the export of LNG and that allows the industry to control the domestic supply and the domestic price! Same as Big Oil, that now exports record amounts of refined product to maintain high prices in the US!
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cwashi3324
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Message Posted: Apr 14, 2012 5:15:38 PM

ok
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humblepie
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Message Posted: Apr 14, 2012 5:06:58 PM

reality
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w4kh
Champion Author Tennessee

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Message Posted: Apr 14, 2012 5:06:28 PM

No reason they shouldn't be allowed to build it - good for jobs, good for the economy, and good for balance of trade... what's the holdup?
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donnamarieb333
Veteran Author South Carolina

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Message Posted: Apr 14, 2012 5:06:01 PM

cheniere is paying for this plant or we are getting stuck with it?
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hallows
Champion Author St. Louis

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Message Posted: Apr 14, 2012 5:05:53 PM

Alrighty!
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briinnc
Champion Author North Carolina

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Message Posted: Apr 14, 2012 5:05:01 PM

That's it, let's export it so we cam continue to be a big energy importer.
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TRAIN RIDER
Champion Author San Bernardino

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Message Posted: Apr 14, 2012 5:02:37 PM

We are becoming an exporter of oil products.
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gass12
Champion Author Omaha

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Message Posted: Apr 14, 2012 4:58:20 PM

Time will tell.
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Barfood
Champion Author St. Louis

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Message Posted: Apr 14, 2012 4:58:06 PM

Somehow our govt will invest in a nat gas company that ends up going bankrupt!
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silverbullet90
All-Star Author Florida

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Message Posted: Apr 14, 2012 4:56:18 PM

Ok
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vcsuksu21
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Message Posted: Apr 14, 2012 4:55:55 PM

Ok
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TXHUNTER1
Champion Author Austin

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Message Posted: Apr 14, 2012 4:53:15 PM

They will send it to China when we need it. Thank's a lot Obama.
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Jeeputtputt
Champion Author Ohio

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Message Posted: Apr 14, 2012 4:52:33 PM

and how much tax payers $$$$$ will obie GIVE away this time...
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singlemom27
Champion Author Ventura

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Message Posted: Apr 14, 2012 4:52:29 PM

If these guys have lost so much during the past decade, why are they the top choice?
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mattymattmatt
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Message Posted: Apr 14, 2012 4:52:19 PM

I'm tired.
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ctcowboy
Veteran Author Connecticut

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Message Posted: Apr 14, 2012 4:51:36 PM

Other countries are taking advantage of our resources
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ByGuy
Champion Author Dallas

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Message Posted: Apr 14, 2012 4:51:15 PM

Will our Govt turn it down?
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nimpy
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Message Posted: Apr 14, 2012 4:38:38 PM

This is interesting
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GLM4205
Champion Author Toledo

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Message Posted: Apr 14, 2012 4:35:44 PM

It will be nice to have some leverage on the Chinese. It will help the trade deficit and give the Chinese a good place to spend all the dollars they get from us.
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BigBob12345
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Message Posted: Apr 14, 2012 4:34:54 PM

ok
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mickealo
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Message Posted: Apr 14, 2012 4:34:09 PM

ok
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Alfied
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Message Posted: Apr 14, 2012 4:32:16 PM

Let's use it here.
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CatMan623
Champion Author Houston

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Message Posted: Apr 14, 2012 4:30:23 PM

It will be nice to have some leverage on the Chinese. It will help the trade deficit and give the Chinese a good place to spend all the dollars they get from us.
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afghaned
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Message Posted: Apr 14, 2012 4:27:27 PM

NG prices will rise soon.
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