Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Smokin' Joe

It’s my understanding that natural gas storage capability is limited, and that you can’t liquify it it for nothing. Still, it’s at least a twofer. It’s good for jobs, especially when the recoverable crude is limited, and the current accounts deficit, what used to be called our negative balance of trade. This energy sold overseas helps when uou have a fiat currency.


3 posted on 04/23/2012 1:09:21 AM PDT by neverdem (Xin loi minh oi)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: neverdem
Why not export? So long as we keep drilling, too, domestic prices should stabilize and we'd decrease our trade deficit as well.

The key factor is that these facillities and the waters in the immediate vicinity will have to be better guarded than the average nuclear power plant. They'd be a likely terrorist target.

However, actual loading could conceiveably be done offshore at a terminal supplied by pipeline from the mainland to lessen risk for coastal populations (and increase the difficulty of terrorist attack).

14 posted on 04/23/2012 6:08:09 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson