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To: DesertRhino

At the moment. LNG prices will fall as facilities and transport ramps up. The world has tremendous amounts of nat gas.

The problem with pipeline NG is the source and the transit routes. These add a severe element of insecurity. And its worse if these are sole-source or sole-route. Unless you are careful you will end up with a monopoly (and sometimes, on the other end, a monopsony). Not good. Someone has political-economic leverage for God knows what.

LNG is an international commodity like petroleum; many sellers, many buyers, no monopolies or monopsonies. That makes for stability and security.

The security and stability requirements for such fuels are (or should be), extreme. California, back in the day, before it went insane, required those proposing nat gas plants as a substantial (but not sole, mind you) power source, to implement at least three sources and three independent pipeline systems. And those three sources and routes were all in the US or Canada. And so it was. That is the level of care required in such matters.

Depending on an unstable, often manic, often unreal place like Russia for anything important is laughable. One wild hair up someones ass and, well, you can see for yourself.


41 posted on 10/06/2022 4:32:22 AM PDT by buwaya (Strategic imperatives )
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To: buwaya
--- "Depending on an unstable, often manic, often unreal place like Russia for anything important is laughable. One wild hair up someones ass and, well, you can see for yourself."

Rather nicely applies to Democrats in general, the Biden administration in particular, and RINOs like Liz Cheney, doesn't it?

43 posted on 10/06/2022 4:35:42 AM PDT by Worldtraveler once upon a time (Degrow Government)
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