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In 2012 the global trade in liquefied natural gas (LNG) has suffered its first annual drop after three consecutive decades of expansion.
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Big-one5,U.S Obama and congress do it under the will of the ppl. Because, they "ARE"the people
So US taxpayers will finance cheap LNG supplies to EU while millions are on foodstamps in US...
19:14 Extra? Low shale gas price is subsidized by taxpayers, shale gas producers don't pay taxes.
@ 18:02 finally, the importing country's (EU, Asia) will be the only winner of the pricewar.
US will ship as there are willingly to sell 30-40% below current market-price, for US it's an extra
@18:02 it's not transportcost that's important, it's the pricepoint where you comfortable to sell
@18:02 pipelines seem cheaper, but only when used over 90% capacity, ships adapt marketshift easy
USA price is lower because it has no buyers. The US economy will have to spend trillions to convert.
Bad news for those dreaming of US LNG exports. One more US recovery plan fails before start.
usa GoldMorgs shale gas and oil; silently huge future disasters to underground water supplies
Guess what is cheaper - existing pipelines or shipping across Atlantic, and who will win price war.
Big gap export & domestic, but since more producers come in the export market, price faces pressure
Some people need education, then they won't compare US domestic price with Russian export price...
Russian prices are 5x over USA price. Nobody buys Russian gas unless they have absolutely no choice
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