- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: using natural gas to hurt russia
Posted on 3/5/14 at 10:03 am to cwill
Posted on 3/5/14 at 10:03 am to cwill
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.
3
Posted on 3/5/14 at 10:07 am to willthezombie
Why is it assumed that Russia's energy is more expensive to get to market than ours?
Posted on 3/5/14 at 10:14 am to willthezombie
quote:
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.
What do you think would happen to US tight oil and shale oil if oil dropped below $90 a barrel? Rigs would start laying down and production would begin to drop quickly here, so that's a double edged sword. Gas prices would essentially be the same thing. The need for LNG is to link American production to the worldwide rates as domestic prices are much lower than in other parts of the world, namely Asia.
Posted on 3/5/14 at 10:30 am to willthezombie
quote:
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.
The issues seem to be way over the heads of the analysts...I see that Tigerdog has addressed some of the main issues.
Oil below $90 isn't terrible but it's on its way to laying down rigs in some resource plays...especially the permian.
The entire reason for LNG export is higher pricing for domestic gas...and as gumbo pointed out Russian gas is probably cheaper than gas imported halfway across the world viat LNG tanker.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News