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re: using natural gas to hurt russia

Posted on 3/5/14 at 9:56 am to
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 3/5/14 at 9:56 am to
Permits aren't the hold up at this point....none of these facilities will be ready before 2016. So I agree with the general argument that putting US gas on the world market would provide more energy security and independence for the world, however, it will not affect on current events. Even if the permits were in place - no affect.
Posted by willthezombie
the graveyard
Member since Dec 2013
1546 posts
Posted on 3/5/14 at 10:03 am to
quote:

Permits aren't the hold up at this point....none of these facilities will be ready before 2016. So I agree with the general argument that putting US gas on the world market would provide more energy security and independence for the world, however, it will not affect on current events. Even if the permits were in place - no affect.


Like I said earlier this won't do any good in the near future, but if the US "floods the market" with LNG and oil then Russia's economy won't be able to withstand and Russia won't be a big of threat. The analysts and experts on CNN yesterday said that if oil drops below $90 a barrel and NG falls to similar levels (idk the exact #) then Russia gets put in a bind. Plus it is good for outr economy. The "experts" were also saying that the Keystone pipeline would be a huge move. They all agreed that this was about weakening Russia in the long term.
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