Registered: 06/28/02
Posts: 15914
Loc: Old Saybrook (formerly Madison...
The problem with exporting NG again is our infrastucture. You need to liquify it, and transportation costs are approx. $3MBtu, so if it's $5 here and you add the transportation costs, sell at $8, then there's no profit. Nix that idea.
We also compete against middle East NG which is often burned off as a waste product, or sold at under $1 MBtu.
Put in sufficient LNG infrastruture and you can turn NG into much more of a Global product.