Urbane Gorilla!

Natural Gas To Play Larger Role in Many Markets

paultaut... A valid point... Look at Cheniere.. And I just read an article about a new LNG transfer station in the making on the Columbia Gorge in Oregon. The original idea was to ship LNG in to Oregon... Now they've decided, they'll use it to ship LNG from Canada out to the rest of the world. Couple that with Saudi Arabia to redirect their LNG away from the US and to 'anyone who can pay the highest price'. and it's pretty clear that we will not see LNG unless we are willing to pay through the nose. I really like the looks of CHK, XTO and the gas drillers here in the US over any program that relies on the rest of the world to supply us. (Gazprom comes to mind. Doesn't that give you the willies?... Woah!) .. Oh yeah... Heard an interview with the CEO of CHK... He's looking to ship gas out as well, because as he put it, 'We can sell it for a considerably higher price outside the US.'

jegan ;-)