Liquified Natural Gas Tankers are basically "floating thermos bottles" carrying Natural Gas in its densest form.

LNG Terminals and Tankers are not the place to be around if anything goes wrong, as they make a BIG "Boom."

The USCG takes great precautions in escorting LNG Tankers in and out of the Terminal that is about 3/4 mile from Downtown Boston.

(03-15-2013 04:48 PM)bitcruncher Wrote:  

(03-15-2013 04:29 PM)mixduptransistor Wrote:  I don't have a link to a source, but I heard on the radio that the US has an export problem with gas..IE, we have tons of it (something like a 300 year supply) but no real good way to export it. That's good for us as consumers, and it also makes the gas market different than oil. We're producing tons more oil, but it doesn't make a dent in prices because the world market is so integrated.

Also, low gas prices are helping the US manufacturing segment, because natural gas is a huge input into chemical production. There's a big lobby from chemical producers that don't want to see increased export of US gas because it would cause an increase in prices, which would cause an increase in manufacturing inputs. The gas boom + lack of export capability is helping fuel the rebound in US manufacturing

The USA can't export it because we can't compete with foreign gas exporters. They can produce and ship it far more cheaply than we can...

In the long run, I think that's good for us. Keeps prices low which is good for the economy overall (not great if you own an energy company, though)

(03-15-2013 07:51 PM)mixduptransistor Wrote:  

(03-15-2013 04:48 PM)bitcruncher Wrote:  

(03-15-2013 04:29 PM)mixduptransistor Wrote:  I don't have a link to a source, but I heard on the radio that the US has an export problem with gas..IE, we have tons of it (something like a 300 year supply) but no real good way to export it. That's good for us as consumers, and it also makes the gas market different than oil. We're producing tons more oil, but it doesn't make a dent in prices because the world market is so integrated.

Also, low gas prices are helping the US manufacturing segment, because natural gas is a huge input into chemical production. There's a big lobby from chemical producers that don't want to see increased export of US gas because it would cause an increase in prices, which would cause an increase in manufacturing inputs. The gas boom + lack of export capability is helping fuel the rebound in US manufacturing

The USA can't export it because we can't compete with foreign gas exporters. They can produce and ship it far more cheaply than we can...

In the long run, I think that's good for us. Keeps prices low which is good for the economy overall (not great if you own an energy company, though)

A bit old(Dec 2011) but...

"The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay."

http://money.cnn.com/2011/12/05/news/eco.../index.htm

Title of the following article(also from Dec 2011):
"In a first, gas and other fuels are top US export"

http://news.yahoo.com/first-gas-other-fu...39553.html

(03-15-2013 08:28 AM)bitcruncher Wrote:  The world moving to using natural gas as fuel would really help the Russian economy. They hold about 70% of the world's natuaral gas reserves...

(03-15-2013 11:34 AM)GoApps70 Wrote:  Anyone know what percentage the US holds? Thought it was significant.

According to the numbers I've seen for 2011, Russia actually has about 25% of proved natural gas reserves (43 trillion cubic meters out of 180 trillion worldwide). US ranked 6th with 6 trillion. US probably ranks a bit higher in P3 reserves (proved plus probable plus possible) because of shale gas.

(03-16-2013 12:33 AM)RobertN Wrote:  A bit old(Dec 2011) but...
"The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay."
http://money.cnn.com/2011/12/05/news/eco.../index.htm
Title of the following article(also from Dec 2011):
"In a first, gas and other fuels are top US export"
http://news.yahoo.com/first-gas-other-fu...39553.html

Robert, you do understand that this discussion has been about natural gas and these quotes are about gasoline, don't you?

(03-16-2013 04:48 AM)Owl 69/70/75 Wrote:  

(03-15-2013 08:28 AM)bitcruncher Wrote:  The world moving to using natural gas as fuel would really help the Russian economy. They hold about 70% of the world's natuaral gas reserves...

(03-15-2013 11:34 AM)GoApps70 Wrote:  Anyone know what percentage the US holds? Thought it was significant.

According to the numbers I've seen for 2011, Russia actually has about 25% of proved natural gas reserves (43 trillion cubic meters out of 180 trillion worldwide). US ranked 6th with 6 trillion. US probably ranks a bit higher in P3 reserves (proved plus probable plus possible) because of shale gas.

(03-16-2013 12:33 AM)RobertN Wrote:  A bit old(Dec 2011) but...
"The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay."
http://money.cnn.com/2011/12/05/news/eco.../index.htm
Title of the following article(also from Dec 2011):
"In a first, gas and other fuels are top US export"
http://news.yahoo.com/first-gas-other-fu...39553.html

Robert, you do understand that this discussion has been about natural gas and these quotes are about gasoline, don't you?

Robert's busy booking a cruise on Carnival Cruise Lines.

(03-15-2013 07:19 PM)WMD Owl Wrote:  Liquified Natural Gas Tankers are basically "floating thermos bottles" carrying Natural Gas in its densest form.

LNG Terminals and Tankers are not the place to be around if anything goes wrong, as they make a BIG "Boom."

The USCG takes great precautions in escorting LNG Tankers in and out of the Terminal that is about 3/4 mile from Downtown Boston.

Looks as if they wouldn't bring something so dangerous so close to a highly populated area.

(03-16-2013 04:32 PM)WMD Owl Wrote:  

(03-16-2013 04:48 AM)Owl 69/70/75 Wrote:  

(03-15-2013 08:28 AM)bitcruncher Wrote:  The world moving to using natural gas as fuel would really help the Russian economy. They hold about 70% of the world's natuaral gas reserves...

(03-15-2013 11:34 AM)GoApps70 Wrote:  Anyone know what percentage the US holds? Thought it was significant.

According to the numbers I've seen for 2011, Russia actually has about 25% of proved natural gas reserves (43 trillion cubic meters out of 180 trillion worldwide). US ranked 6th with 6 trillion. US probably ranks a bit higher in P3 reserves (proved plus probable plus possible) because of shale gas.

(03-16-2013 12:33 AM)RobertN Wrote:  A bit old(Dec 2011) but...
"The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay."
http://money.cnn.com/2011/12/05/news/eco.../index.htm
Title of the following article(also from Dec 2011):
"In a first, gas and other fuels are top US export"
http://news.yahoo.com/first-gas-other-fu...39553.html

Robert, you do understand that this discussion has been about natural gas and these quotes are about gasoline, don't you?

Robert's busy booking a cruise on Carnival Cruise Lines.

He probably won a cruise for being top containment camp commandant.
He additionally see's nothing, nothing.

(03-13-2013 08:26 AM)VA49er Wrote:  

(03-12-2013 05:31 PM)Hambone10 Wrote:  I'd LOVE to buy a plug-in. I can't stand paying $4 for gas. Problem is, I can't justify spending $5-10,000 more for "less" of a car.

I agree, but have come to the conclusion that hybrids/plug-ins, etc appeal to those that just want to feel "green" and don't consider the extra costs invloved. Whatever floats their boat. I'll keep driving my 10 year old 19mpg guzzler until the wheels fall off. I'm like you, $3-$4G in gas/year is a lot cheaper than buying a brand new car.

That's probably the best decision you could make for the environment.

Would have thought all the green people would have been upset at all those cars being destroyed in 2009. Think of all the gas and coal energy went into manufacturing them and what that did to the environment. Of course, Ed Begley would say exactly the opposite.