We Already Export Natural Gas, So What's the Fuss?

Export. Don't export. There are plenty of very valid arguments on both sides of the natural gas debate, but there's one small caveat we aren't talking about, and that is that the U.S. already exports natural gas. Be it the 12 million tons of natural gas to Mexico every year, or the smaller amount of LNG to Japan, the U.S. has sent natural gas all over the world. In this video, Fool.com contributor Tyler Crowe talks with Aimee Duffy to shine a little extra light on this topic and explain how perhaps the debate about LNG exports is much ado about nothing.

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  • Report this Comment On March 16, 2013, at 5:07 PM, Itsjustmeagain wrote:

    Check your facts. I agree we do export LNG to Mexico and to Canada. What is the percentage of what is available? 1% 5%, 7%?

    We do not export in LNG refrigerator ships. We only imported until a few years. There was an article a month ago that stated retrofitting the current import facilities to allow for loading LNG onto ships for export was cost prohibitive.

    Tell me what port and company exports via refrigerator ships to Japan?

  • Report this Comment On March 16, 2013, at 5:11 PM, thecraig1370 wrote:

    Here is the problem to all this that normal tree huggers dont get through there freaking head. I do have some experience in what I am saying being in the oil and gas industry for awhile now. Electric cars stupidest idea ever where does the electricity come from coal. Liberal goverment and its 17 trillion dollars in debt cannot subsidize the true electricity problem with the best plans Geothermal thank you for all the social programs. Ethanol made from corn 2nd stupidest idea we dont look at Brazil and do something that works which is sugar cane no we do it with corn now it will never get it away from big lobby farm groups. Natural gas is are only true green energy our semi trailers should of been converted 15 years ago just in the last couple years companies like clean energy have big contracts to go put natural gas pumps up and down our major hwy gas stations. We have enough oil found right now to be energy sufficient row adding natural gas. Why we dont go at it the smart way and really do something about the problem politicians and lobbyist are going to kill us over energy. Keep driving a hybrid car and think your doing something for the air your not there burning more dirty stinking coal every time you use. Get smart people. Educate yourself before you make yourself sound so ignorant replying with complete BS comments. MMC

  • Report this Comment On March 16, 2013, at 5:24 PM, thecraig1370 wrote:

    Hey itsjustmespend do you read other comments or do you just go by and think about yours answers opening your ears is how you learn. We should not be exporting any Natural gas we should be using from everything to electricity production to our vehicles why give that a way. We need to keep enough oil to make us sufficient and sale our oil its a limitless market that keeps 800 billion dollars here at home with job creation attached. Japan is not smarter than us but they have been producing electricity from natural gas for half a century why are we not doing that. Get off the goal its ruining the Texas air and we keep getting authorization to built more its stupid and there will never be a honest clean coal production does not compute even in you mind never will it work its a scam.MMC

  • Report this Comment On March 17, 2013, at 1:01 AM, bobchr58 wrote:

    @ thecraig1370, you would do well to follow you own advice to itsjustmeagain. America has been reducing the amount of electricity produced from coal for years now. More renewable sources like wind and solar have been coming on line in the last decade. I rode through your state of Texas and they are one of the leaders in the wind area because they seem to have an inexhaustable supply on the Texas prairie. Must be all that hot air coming from their politicians. Electricity production from clean coal can be done using Molten Solid Oxide Fuel cells. This technique can improve generation efficiency from the 25-30% in current techniques in the industry to between 50-75%. Its already being used in semi-automated coal mines to generate electricity to power mining vehicles.The problem is the slow pace of progress in the Electric generation industry which deregulation has not helped in the last decade. We are decades behind other western nation and some Asian nations in terms of developing a smart grid, this is a huge national security oversight in my opinion. Subsidizing of oil and gas industry has has not helped our deficit either, not to mention the expense in securing supplies abroad which is another national security oversight. As for you comment on electric cars I own a Chevy Volt. I haven't bought gas since about a week after hurricane Sandy which is almost 5 months now, my town on the East coast buys cheap hydroelectric power from upstate NY and backs it up with local natural gas powered generation facilities. DARPA and the armed forces are feverishly doing research on battery technology for the next generation of armored hybrid vehicles. The so called free market is neither free or efficient. If it was the Oil companies and their lobbies would not be able to manipulate it so easily. If the federal government continues to refuse to set a national energy policy then we shall continue to be a vassal state to the Oil and Gas industry and they will continue to control our National security. Nuclear reactors using Thorium is another area where we are sadly lacking. Thorium reactor research was stopped for some reason years ago but the advantages are there are no elements that can be weaponized and the half life of Thorium is much shorter so radioactive waste from Thorium is rendered non-radioactive in 10 years as opposed to 10,000 years like Uranium or Plutonium reactors. Free market principals will never allow these things to develop as long as we put our heads in the sand about the damage caused by fracking to out drinking water, the effects of Global warming on the ecosystem and our general lack of useful controls on our human population and how we interact with our environment.

  • Report this Comment On March 17, 2013, at 4:11 PM, tulare wrote:

    Because of our recent interest converting our fleet trucks and cars to CNG. They haven't quite figured out a way to tax it into oblivion.

  • Report this Comment On March 17, 2013, at 11:46 PM, qrranger wrote:

    Up till a short time ago we had a glut of NG with not enough storage. Since massive sales to higher bidders overseas, we are now running short due to world demand. Major gas companies have already declared there will be spikes in the cost of NG. And they are using this to justify fracking anywhere they can. These companies are relying on this to increase their fields and profits. Fracking is not the answer. Gas companies must stop their massive exports overseas to the highest bidder and increase their sales to the US market, even it it means lower profits.

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