After six decades, U.S. set to turn natgas exporter amid LNG boom

dave

Senior
May 29, 2001
60,573
756
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We can pipeline it, convert it to LNG and ship it to Europe, convert it back and sell it cheaper than Europe is paying now. 12 to 15 percent cheaper.
 

WVPATX

Freshman
Jan 27, 2005
28,197
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We can pipeline it, convert it to LNG and ship it to Europe, convert it back and sell it cheaper than Europe is paying now. 12 to 15 percent cheaper.

More importantly, it is enormous strategic value to Europe. Right now, they get the vast majority of their gas from Russia. Not good.
 

D. Denzil Finney

Redshirt
May 29, 2001
9,391
14
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What a drastic turn around that will be; 40 years ago we were buying LNG from Algeria because it was as cheap or cheaper than drilling for Natural Gas here.