I thought exporting was a Good Thing.
They own us... What do you expect?
There are literally a million gas wells in southern New York State. . . all capped. Wonder why that is? My son used to paint them during summer recess from college.
It would be nice to see it used in a manner to offset oil imports, but if there’s no domestic use for it - export it!
Today I talked to a guy whose former company - a large trucking company - shut down a 40 person accounting dept and shipped it to India. So I mentioned this to a girl I know where I work and she said it’s been discussed in our company as well.
Really, what will be left???
The woman is utterly ignorant to think that the gas should only be used to heat local homes. And it’s also blind to not see how even if THAT gas isn’t used in HER area,, why it isn’t a massive benefit to her.
Taxes pour into the local base,,local people who own the land get paid well. SHE gets paid rent for the pipeline on her land. Guys like her son get paying blue collar jobs (i heard the steel mills closed?) , now he buys a house, a car, a dinner out. The price for the gas she DOES use drops because the overall supply increases, her NATION benefits.
Tell her to grow up, or maybe read a book.
PS,, i don’t know how to break it to her,, but those chocolate bars they make in Hershey,,They ain’t all ate in Pennsylvania either.
Shale gas has produced an excess of natural gas.
Why would anyone object to exporting anything we have more of than we can use? I am taking this story with a grain of salt, maybe the lady doesn’t own the minerals under her place and was needing something to complain about.
I am hoping we smart up enough to start running our cars and trucks with CNG and use all the excess gas we can produce, but with nobama nothing good or to our benefit is going to happen.
The woman is utterly ignorant to think that the gas should only be used to heat local homes. And it’s also blind to not see how even if THAT gas isn’t used in HER area,, why it isn’t a massive benefit to her.
Taxes pour into the local base,,local people who own the land get paid well. SHE gets paid rent for the pipeline on her land. Guys like her son get paying blue collar jobs (i heard the steel mills closed?) , now he buys a house, a car, a dinner out. The price for the gas she DOES use drops because the overall supply increases, her NATION benefits.
Tell her to grow up, or maybe read a book.
PS,, i don’t know how to break it to her,, but those chocolate bars they make in Hershey,,They ain’t all ate in Pennsylvania either.
ping
Here in New York, the State Assembly has basically stopped any increase in gas production by banning “fracking” while it “studies” the issue. So we here certainly aren’t benefitting from an abundance of gas in Upstate. We would be lucky to have jobs and income from sales domestic - or international. This woman should be happy her local politicians have screwed it up.
The article is written in a contentious way -- trying to make it seem that the gas coursing thru the pipelines under the lady's property is committed to export when it's not.
The only connection is that one of the pipeline's owners is also involved in a projected import-export natural gas terminal in Maryland.
To which, the best answer is "So what?"
I wish someone would come and pay me to run a gas line across my property. I would also demand free gas for my liftime then I could heat my pool year round. When I was growing up we had a gas well on our property. Had free gas for life. Saved my parents alot of money. Espically since they were in the chicken growing business.
Export it all to China. Send ‘em all of the trees in North America, too. Our bipartisan corporate superiors taught us that our country is overpopulated with European culture descendants, and that there’s too much domestic business competition.
Our energy policy has to be geared to release the US from foreign oil dependence...meaning oil pumped from our land is sold within our country.
Also US workers and US based companies should benefit from the industry.
The reason: Americans are not third world idiots where foreigners exploit us, our enviornment and our land. It is not to our advantage to permit the extraction of gas and oil if we are not benefited by it and foreign policy will be benefited as well as our cost of living if we do an America first policy.
Besides, NG exports are good for America in the aggregate, just like any other export.
The obvious solution is liquifaction of natural gas into gasoline, diesel, etc, using the Fischer-Tropps process. The same can be done with coal, albeit at a higher cost.
http://en.wikipedia.org/wiki/Fischer-Tropsch_process
Lqiufaction of natural gas into POL is price-competitive with normally drilled oil when the price per barrel of oil is about $45-$50 (and about $60 a barrel for coal liquifaction). The major obstacle is the capital investment necessary, which requires a risk premium.
Large-scale conversion of natural gas and coal to POL might not happen for a long time given that shale oil can now be fracked for about $35-$40 a barrel POL equivalent. Israel is about 15-20 years out from really massive, Persian Gulf scale, deep shale oil production, via fracking. See:
http://opinion.financialpost.com/2011/06/10/israels-new-energy/
Once the Israeli pilot project comes on line in about two years, I expect Europe to start developing its own shale oil with the same process.
If more gas is produced than can be sold at a profit what are the companies going to do with it? They could stop drilling for more gas but a gas company without gas is out of business. Or they could raise prices to make U.S. gas prices closer to European prices.
If the demand isn’t here in the U.S. just what can be done with the excess gas?
Boo hoo. Somebody needs it more than she does. Tough.