That would be winning for America.
Yes it would but during WW III I doubt that many LNG tankers would make it across the ocean. An LNG tanker is basically a floating bomb waiting for just one spark and in the age of missiles they don't stand a chance.
We are exporting 11 Billion cubic feet of Natural Gas a day. In October the Texas port will come back online and we will be exporting 17 BCF per day.
That is why Natural Gas futures are over 9 dollars and your winter heating bill will be 3 Time more this season.
Tell the wife and kids, this year “you are getting HEAT for Christmas.”
Was there not a story here on FR a few years ago tha stated Israel had discovered a vast “deposit” of natural gas just off their shores? If so, is Israel keeping their cards close to their vest? Or are the European contries hesitant to enter trade with Israel for such a resource?
On what leases? And don’t forget the NG compressor plant blew up is Galveston.
And then they’ll be telling us WE’RE facing shortages because there’s not enough to go around.
Well no - while America has plenty of product, a surplus of natural gas, export is a different matter entirely. One, it has to be compressed and liquefied on our end, and then the same in reverse on their end. This requires special facilities that we don’t have. Not enough anyway, and they don’t either. In between, requires these absolutely humongous natural gas tankers that are not plentiful. And frankly, a sitting duck for a drone strike or missile, frankly.
Who is going to insure a huge natural gas tanker crossing the ocean during a war?
It’s all very inefficient and laborious expensive compared to what they had with with direct Russian pipelines, even if it were possible.