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re: US oil production has increased 300,000 barrels per day in Nov alone
Posted on 11/29/19 at 12:42 am to JasonL79
Posted on 11/29/19 at 12:42 am to JasonL79
quote:
Yes it does help. All of the plants being built are export plants and the NG processed into LNG will be loaded on ships to transport it to those same countries you mentioned.
True, but we are at a significant disadvantage moving it by shipload instead of by pipeline which Russia and Iran do, cheaper to transport and no storage required by pipeline.
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