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Started By
Message
Shell drops out of $5 billion dollar Lake Charles, Louisiana LNG project
Posted on 3/30/20 at 6:09 pm
Posted on 3/30/20 at 6:09 pm
WaPo
The project was estimated to create up to 5,000 construction jobs and 200 permanent full-time jobs once operational.
The project was estimated to create up to 5,000 construction jobs and 200 permanent full-time jobs once operational.
19
Posted on 3/30/20 at 6:10 pm to MrLSU
Come to Lafayette, plz
Posted on 3/30/20 at 6:11 pm to MrLSU
Henry, La bound 
Posted on 3/30/20 at 6:11 pm to MrLSU
Sounds like a Bawcomville type project
Posted on 3/30/20 at 6:17 pm to VermilionTiger
quote:Are natural gas prices higher in Lafayette than they are in Lake Charles??
Come to Lafayette, plz
Posted on 3/30/20 at 6:20 pm to VermilionTiger
quote:
Come to Lafayette, plz
Can’t think of any issues getting export ships up the Vermillion.
Posted on 3/30/20 at 6:21 pm to MrLSU
Eddie Rispone would have found a way to prop up global energy prices so this wouldn’t have happened!
Posted on 3/30/20 at 6:25 pm to MrLSU
Coming to Jonesville. The Four River City is fixing to roll.
Posted on 3/30/20 at 6:28 pm to MrLSU
Posted on 3/30/20 at 6:29 pm to VermilionTiger
quote:
Come to Lafayette, plz
and do what? 
Posted on 3/30/20 at 6:31 pm to MrLSU
O&G is going to get ground to a pulp with no one moving around.
We are almost out of freaking tanks.
We are almost out of freaking tanks.
Posted on 3/30/20 at 6:32 pm to LSURussian
quote:
Are natural gas prices higher in Lafayette than they are in Lake Charles??
Well assume it’s an export terminal so you want them lower, but point still remains.
Posted on 3/30/20 at 6:32 pm to MrLSU
But many of us can work from home. No big deal.
Posted on 3/30/20 at 6:33 pm to MrLSU
So shell bets everything on natural gas by buying British gas , and now indicates they aren’t bullish natural gas.
Ruh roh.
Ruh roh.
Posted on 3/30/20 at 6:35 pm to Turbeauxdog
Freshwater City finna eat
Posted on 3/30/20 at 6:36 pm to MrLSU
With recession looming and the current oil environment with Russia and opec.
Shell going to have to scale back spending big time
Shell going to have to scale back spending big time
Posted on 3/30/20 at 6:37 pm to Turbeauxdog
quote:According the link in the OP, the reason the project was canceled is because of low natural gas prices. THAT is the point that remains.
Well assume it’s an export terminal so you want them lower, but point still remains.
Posted on 3/30/20 at 6:38 pm to Zap Rowsdower
quote:
Coming to Jonesville. The Four River City is fixing to roll.
When the ORCS blows out, truck nuts for errbody.
Posted on 3/30/20 at 6:42 pm to MrLSU
Thanks, JBE
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