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Marco Rubio Introduces Small Scale LNG Access Act Bolstering Ties to S. America/Louisiana
Posted on 10/19/17 at 8:49 am
Posted on 10/19/17 at 8:49 am
quote:
On Wednesday, U.S. Sen. Marco Rubio, R-Fla., teamed up with U.S. Sen. Bill Cassidy, R-La., to unveil a proposal allowing more small-scale natural gas exportation.
Rubio and Cassidy introduced the “Small Scale LNG Access Act” to codify a U.S. Department of Energy (DOE) rule allowing small-scale natural gas exportation to consumers who are mostly based in the Caribbean and Latin America.
quote:
“Expedited approval of small-scale natural gas exports would strengthen an emerging sector of Florida’s economy,” said Rubio. “In addition to the economic advantages for Florida, this measure would bolster our existing ties with Caribbean and Latin American nations while ensuring that bad actors in the region, including Cuba and Venezuela, do not reap its benefits.”
Rubio said, noting that last year the U.S. exported around three billion cubic feet of liquefied natural gas (LNG) to the region. Rubio pointed to statistics from the Energy Information Administration which shows the U.S. has around 2,355 trillion cubic feet of recoverable natural gas which should last almost a century. By cutting red tape and costs, Rubio and Cassidy insisted the economy would benefit with potential growth of 4-5 percent a year in exports while helping ensure Caribbean and Latin America nations do not rely on the Maduro regime for oil.
LINK
Marco once again understanding how the world works and how LNG is essential to those developing countries in S. America has teamed up with Louisiana’s own Bill Cassidy. Marco is hoping to not only increase revenue of O&G in the US with this but also spur economic growth in S. America increasing the power within the US’s sphere of influence. Once again, Marco almost on a daily basis is introducing legislation that is 100% for the common man while the rest of Congress sits on their hands!
Posted on 10/19/17 at 8:52 am to OleWarSkuleAlum
Lake Charles, saving the Western World
Posted on 10/19/17 at 8:56 am to OleWarSkuleAlum
Just wondering why you didn't include Cassidy's name in your OP. You're a shill, in the worst way.
Posted on 10/19/17 at 8:58 am to OleWarSkuleAlum
Thanks for posting. This is an example of how I am able to get some news items through TD that I would likely never see in the news on my own.
I’m not saying it’s not being reported by the MSM, maybe it is and maybe it isn’t, but my consumption of MSM news is at an all time low because of my own decision to reduce my exposure to the crap, and I just don’t seem to find the time.
I think I miss the old days of reading the daily newspaper in print.
I’m not saying it’s not being reported by the MSM, maybe it is and maybe it isn’t, but my consumption of MSM news is at an all time low because of my own decision to reduce my exposure to the crap, and I just don’t seem to find the time.
I think I miss the old days of reading the daily newspaper in print.
Posted on 10/19/17 at 9:01 am to Homesick Tiger
quote:
You're a shill, in the worst way.
A shill, yes, but probably not “in the worst way”, though, right? Let’s not get all hyperbolic like some deranged liberal.
Posted on 10/19/17 at 9:04 am to OleWarSkuleAlum
This is the closest to actual coreecting the record I've ever seen on here.
Posted on 10/19/17 at 9:10 am to Jimbeaux
quote:
A shill, yes, but probably not “in the worst way”,
the guy doesn't post anything unless Rubio's name is in the OP. I don't know how more shilled you can be than that.
Posted on 10/19/17 at 9:16 am to CorporateTiger
quote:
This is the closest to actual coreecting the record I've ever seen on here.
Please explain yourself.
Posted on 10/19/17 at 9:26 am to OleWarSkuleAlum
I've always like Rubio; great potential for top-tier, visionary Leader. I just hope He can stay clean.
Posted on 10/19/17 at 9:26 am to OleWarSkuleAlum
quote:
small-scale natural gas exportation
quote:
Small Scale LNG Access Act
quote:
small-scale natural gas exports
We have a nomenclature problem.
Exploration is what is happening at the well head.
From the well head natural gas (methane) is stripped and segregated from other molecules like ethane, propane and natural gas liquids (butane, pentane, etc.) at a gas plant. Ethane is typically sold to chemical plants to make ethylene as a precursor to plastics manufacturing (polyethylene, styrene, HDPE, etc.). Everyone knows about propane. Butane is used as a fuel source and is blended into gasoline during the winter months and the remaining natural gas liquids are used in gasoline or used as solvents.
Natural gas is then cryogenically compressed into a liquid to become LNG and available to transport via LNG shipping. The expansion ratio of LNG is about 600 to 1. That is 1 volume (say millimeters) of LNG will expand to 600 millimeters of natural gas under atmospheric pressure. So 3.3 drops of LNG will fill a 2 liter bottle once expanded.
LNG is then exported to its destination.
At its destination the LNG is offloaded and allowed to expand back into it's gaseous state and transported by transmission and distribution pipelines to businesses and residences for energy consumption.
Posted on 10/19/17 at 9:52 am to GumboPot
Thanks for the technical clarification I’ll notify Marco’s staff.
Posted on 10/19/17 at 10:00 am to SlowFlowPro
The Chuck ready to pounce
Posted on 10/19/17 at 10:11 am to GumboPot
quote:
We have a nomenclature problem.
I don't think so.
“The term [small-scale] refers to the direct use of liquefied natural gas in its liquid form, as opposed to the traditional model of regasification and subsequent introduction into the gas transmission grid,” explains a July 2017 PricewaterhouseCoopers report.
This act cuts a lot of red tape to allow small tankers to deliver smaller quantities to areas not served by the new regasification plants that take years to develop and complex licensing.
Posted on 10/19/17 at 10:15 am to OleWarSkuleAlum
This is already happening w/out this act. This is a stupid waste of time.
Politicians are just a waste.
Politicians are just a waste.
Posted on 10/19/17 at 10:35 am to notsince98
quote:
This is already happening w/out this act. This is a stupid waste of time.
No it isn't.
It will give market access to new US suppliers to service customers that presently don't have access to our LNG. There are producers not using the present export facilities and potential customers without access to new facilities. It covers a different market with short term contracts.
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