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post #1 of 24 (permalink) Old 03-26-2012, 05:23 PM Thread Starter
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editorial

http://www.usatoday.com/news/opinion/edi...nterstitialskip

<span style="font-style: italic">Even more far reaching are prospects for natural gas. It's now so abundant and cheap that it could displace large amounts of imported oil and high-carbon coal while fueling a renaissance in manufacturing.

</span>

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post #2 of 24 (permalink) Old 03-26-2012, 05:55 PM
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Re: editorial

Amen, now comes the real test. Will we use this new found energy at home to make American lives cheaper, more efficient, cleaner and to provide jobs. Or, will the large companies sell overseas, control the supply to manipulate prices and screw the middle class? This is the tipping point and the most important part of the equation. Now that it's cheap, what will they do?
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post #3 of 24 (permalink) Old 03-26-2012, 08:41 PM Thread Starter
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Re: editorial

I hope it does alleviate the cost of energy here but a number of changes need to come before it impacts our life in a meaningful way.

U.S. gas closed today at approximately $2.30, approximately $12.00 and $15.00 in Europe and Asia respectively. Hard to keep a profit driven company from ignoring the differences.

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post #4 of 24 (permalink) Old 03-26-2012, 10:44 PM
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Re: editorial

www.foxbusiness.com/.../dominion-ceo-expects-to-get-natural-gas-e...

Your never to old to learn something stupid
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post #5 of 24 (permalink) Old 03-26-2012, 10:59 PM Thread Starter
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Re: editorial

couln't open that link Buzz

http://marcellusdrilling.com/2012/01...ermit-in-2012/

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post #6 of 24 (permalink) Old 03-26-2012, 11:09 PM
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Re: editorial

Thanks for the fix....guess I should have checked it...

Living in a area where the gas business creates a lot of jobs, in a time when the rest of our economy is is still down, the export is a double edge sword.

The export market creates a demand, hence work is better, more jobs etc..etc.

But then we all want the energy independance and would like to see the NG used at home.

I guess in the end it doesnt matter what we want, the energy companys will do what makes them the most money.

Your never to old to learn something stupid
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post #7 of 24 (permalink) Old 03-27-2012, 07:28 AM
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Re: editorial

Largest shale play in the world, infrastructure started, lets keep them here drilling and in the meantime IF some NG goes overseas that keeps it profitable while we start finding more uses for NG right here.

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post #8 of 24 (permalink) Old 03-27-2012, 11:57 AM
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Re: editorial

Quote:
Originally Posted by 1trueamerican
Largest shale play in the world, infrastructure started, lets keep them here drilling and in the meantime IF some NG goes overseas that keeps it profitable while we start finding more uses for NG right here.
I agree with that thought, I'v learned in the milk buisness that you can't build a wall around your country.
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post #9 of 24 (permalink) Old 03-27-2012, 02:57 PM
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Re: editorial

Quote:
Originally Posted by jj103.5
Quote:
Originally Posted by 1trueamerican
Largest shale play in the world, infrastructure started, lets keep them here drilling and in the meantime IF some NG goes overseas that keeps it profitable while we start finding more uses for NG right here.
I agree with that thought, I'v learned in the milk buisness that you can't build a wall around your country.
Nobody is stopping the drilling, it might fluctuate between busy and break-neck but it's not going anywhere. Once the LNG deportation sites are on-line on the east coast I fear that it will be a lot like letting the genie out of the bottle. For profit driven companies it's a no brainer. We have a limited amount of time to develop the infrastructure here to create the demand because if we don't the Chinese are buying and buying big.

I'm extremely Nationalistic on the point of energy independence. We need the infrastructure and the GAS here. I have no problem with them keeping it profitable because we need the profit for the jobs. I do have a problem with them selling out to China and Europe so that their CEOs can get 200 million dollar golden parachutes. Creating a domestic market for gas is not building a wall around the resource, it's being smart and finding a balance between creating jobs and providing this country with much needed energy. Stemming the tide of greed is almost an insurmountable obstacle and I have great reseravtions about where all this gas will end up.
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post #10 of 24 (permalink) Old 03-27-2012, 03:33 PM
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Re: editorial

One place it <span style="font-style: italic">should</span> "end up", is building some gas-fired generation plants in the northern tier, close to the gas fields. Or, once pipelines have been built, closer to the end users.

One had been proposed sometime ago, but I haven't seen much news on that lately.

Naturally, it would create another mess, because there are already several groups fighting a proposed transmission line across PA, to supply power to NY and NJ. But there are already major efforts being made by several environmental orgs against coal-fired generation plants now.

Gas is available, more efficient, cleaner and probably cheaper in the long run?

Some folks' learnin' curves just look like circles...3A Camp/also hunt 4B
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