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INSIGHT-As Congress looks away, US tiptoes toward exporting a gas bounty

Reuters -- In a bitterly divided U.S.
political environment, there's at least one thing Republicans
and Democrats can agree on: Avoid a public showdown on natural
gas exports, arguably the most important energy policy decision
in recent memory.
While fluctuating gasoline prices, the Keystone pipeline and
the fight over fracking steal headlines, the question of how
much of the newfound U.S. shale gas bounty should be shared with
the rest of the world goes largely without comment or coverage
-- despite holding far wider and longer-lasting consequences.
The reason is clear: unlike the relatively simple,
black-and-white issues that politicians often favor and voters
connect to, liquefied natural gas (LNG) is deep, deep gray.
It affects a tangled web of constituents, from Big Oil to
internati

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Submitted Jun 27, 2012 By: EZExit

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puinsai808 Champion Author Honolulu Posts:3,524 Points:723,305 Joined:May 2011	Message Posted: Jun 28, 2012 10:15:56 AM Ignore puinsai808 Report Abuse ok
Ahking Champion Author Orange County Posts:3,492 Points:600,445 Joined:May 2011	Message Posted: Jun 28, 2012 1:58:35 AM Ignore Ahking Report Abuse just do it.
bigthighs All-Star Author Tucson Posts:550 Points:52,965 Joined:May 2012	Message Posted: Jun 27, 2012 11:07:04 PM Ignore bigthighs Report Abuse hmmm
fedupMN Champion Author Twin Cities Posts:2,933 Points:569,455 Joined:Mar 2011	Message Posted: Jun 27, 2012 8:34:32 PM Ignore fedupMN Report Abuse Big Business 1, John Q Consumer 0, big business always wins
teafortwo Champion Author Washington Posts:22,054 Points:1,381,090 Joined:Feb 2009	Message Posted: Jun 27, 2012 4:15:08 PM Ignore teafortwo Report Abuse Thanks for sharing EZExit. Follow the money.
greywolves Champion Author Las Vegas Posts:8,650 Points:2,424,225 Joined:Dec 2004	Message Posted: Jun 27, 2012 3:25:38 PM Ignore greywolves Report Abuse "greed... is good."-Gordon Gekko
CapriceWagon All-Star Author Washington Posts:929 Points:475,520 Joined:Feb 2008	Message Posted: Jun 27, 2012 2:19:56 PM Ignore CapriceWagon Report Abuse As has been said, we've got lots of it, tax the export and help our dollar compete on the world market, it's a win-win-win
snappytom2 Champion Author Corpus Christi Posts:3,527 Points:273,565 Joined:Jul 2008	Message Posted: Jun 27, 2012 2:04:39 PM Ignore snappytom2 Report Abuse Government is not the problem. Greed is the problem. We have greed by the producers and greed by the consumers. It is the perfect storm. Why conserve when everybody is in the game solely for themselves? We have too many people who think that it is all about me. Never mind that such a way of living is the path to destruction. Are the short term gains we chase after really justified, considering the long term effects? In the movie, "the perfect storm", they kept fishing because the fishing was good, and then they ran into a large wave that buried their butts. Who put them into that position? And, how many dollars did they get for all of those fish that went to the bottom with them? You may say that was only a movie, and that is true. But, how many "fish" are we going to catch before we run into a very serious problem that overwhelms us?
mageetp Champion Author British Columbia Posts:3,190 Points:621,880 Joined:Aug 2011	Message Posted: Jun 27, 2012 1:15:00 PM Ignore mageetp Report Abuse Export natual gas, that will drive up domestic price just like it`s doing to our gasoline prices.
myambro Champion Author Sacramento Posts:3,194 Points:1,049,375 Joined:Mar 2005	Message Posted: Jun 27, 2012 12:47:08 PM Ignore myambro Report Abuse Limited gov't is tolerable, but they keep trying to run businesses by laws and regulations.
rjhenn Champion Author Des Moines Posts:22,414 Points:2,225,650 Joined:Aug 2005	Message Posted: Jun 27, 2012 12:27:15 PM Ignore rjhenn Report Abuse stevekr - "Drill Here! Drill Now! Pay Less!" Unfortunately, drilling here doesn't result in paying less. Oil is a world market. And it isn't economical to drill for NG at current price levels.
nj2000ng Champion Author Houston Posts:1,507 Points:449,020 Joined:Jan 2010	Message Posted: Jun 27, 2012 12:22:54 PM Ignore nj2000ng Report Abuse ok
stevekr Champion Author Sacramento Posts:2,353 Points:690,030 Joined:Jul 2008	Message Posted: Jun 27, 2012 12:22:28 PM Ignore stevekr Report Abuse Drill Here! Drill Now! Pay Less!
mikesr100 Champion Author Sacramento Posts:3,873 Points:1,076,735 Joined:Apr 2008	Message Posted: Jun 27, 2012 12:21:46 PM Ignore mikesr100 Report Abuse OK!
kzrooster Champion Author Kalamazoo Posts:2,365 Points:512,750 Joined:Nov 2011	Message Posted: Jun 27, 2012 12:21:13 PM Ignore kzrooster Report Abuse Interesting.
gasper Champion Author Edmonton Posts:4,480 Points:1,366,460 Joined:Mar 2002	Message Posted: Jun 27, 2012 12:18:39 PM Ignore gasper Report Abuse The problem must be repaired now not later and we need to have our a better handle on our resources and that of North America we do not want to be dependent on Arab countries that hate us so much.
tman70 Champion Author Georgia Posts:1,735 Points:729,825 Joined:Jul 2007	Message Posted: Jun 27, 2012 12:16:26 PM Ignore tman70 Report Abuse Ok
REVLAW Champion Author San Antonio Posts:10,410 Points:2,002,270 Joined:Jul 2007	Message Posted: Jun 27, 2012 12:15:56 PM Ignore REVLAW Report Abuse Export duties have been commonplace for many years.
91Explorer All-Star Author Dallas Posts:634 Points:1,125,265 Joined:Oct 2009	Message Posted: Jun 27, 2012 12:15:31 PM Ignore 91Explorer Report Abuse let's let the relatively cheap natural gas benefit the US economy
Tehbob Champion Author California Posts:2,271 Points:452,630 Joined:Jan 2012	Message Posted: Jun 27, 2012 12:15:06 PM Ignore Tehbob Report Abuse k
hibsaw Champion Author Mississippi Posts:8,022 Points:1,677,965 Joined:Feb 2008	Message Posted: Jun 27, 2012 12:13:41 PM Ignore hibsaw Report Abuse Dang if you do and dang if you don't. We have a huge surplus, and the only soultion to keep producing it is by exporting it. We could use the extra money fron a higher export tax.
beale055 Champion Author Philadelphia Posts:1,287 Points:422,900 Joined:Jan 2012	Message Posted: Jun 27, 2012 12:13:40 PM Ignore beale055 Report Abuse Less government, more responsibility...
WeasleyOC Champion Author Orange County Posts:3,129 Points:798,325 Joined:Jul 2008	Message Posted: Jun 27, 2012 12:10:43 PM Ignore WeasleyOC Report Abuse I agree, keep government out of business.
Alaydown Champion Author Los Angeles Posts:5,093 Points:819,345 Joined:May 2007	Message Posted: Jun 27, 2012 12:08:03 PM Ignore Alaydown Report Abuse Build the Keystone XL, eliminate the ethanol mandate, and keep government out of business! [Edited by: Alaydown at 6/27/2012 12:09:00 PM EST]
ChuckGVT Champion Author Vermont Posts:6,678 Points:1,688,450 Joined:Apr 2008	Message Posted: Jun 27, 2012 12:07:29 PM Ignore ChuckGVT Report Abuse Keep government out of it. They are the problem and not the solution. [Edited by: ChuckGVT at 6/27/2012 12:07:33 PM EST]
jpj23 Champion Author Los Angeles Posts:5,695 Points:1,096,675 Joined:Jul 2008	Message Posted: Jun 27, 2012 12:07:14 PM Ignore jpj23 Report Abuse The big money interests will have their way. That's the way these things usually work.
LilRedWagonIN Champion Author Indiana Posts:7,756 Points:1,551,135 Joined:Oct 2008	Message Posted: Jun 27, 2012 12:05:19 PM Ignore LilRedWagonIN Report Abuse It will help our balance of trade deficit. It will decrease our reserves when we may need them in the future.
regasaz Champion Author Phoenix Posts:5,775 Points:1,279,380 Joined:Dec 2006	Message Posted: Jun 27, 2012 12:03:15 PM Ignore regasaz Report Abuse I agree with others here, get the Gov't. out of Free Enterprise.
madison8359 Champion Author Cleveland Posts:8,979 Points:1,589,295 Joined:Apr 2008	Message Posted: Jun 27, 2012 12:02:35 PM Ignore madison8359 Report Abuse Congress, now there's some real men.
MustangRacing Champion Author Virginia Posts:1,818 Points:645,235 Joined:May 2011	Message Posted: Jun 27, 2012 12:02:29 PM Ignore MustangRacing Report Abuse Well said Jodybull.
PathTrack Champion Author Twin Cities Posts:1,201 Points:134,545 Joined:Jan 2005	Message Posted: Jun 27, 2012 12:01:47 PM Ignore PathTrack Report Abuse All talk
Tiernan Champion Author Chicago Posts:3,460 Points:815,075 Joined:Sep 2005	Message Posted: Jun 27, 2012 12:01:11 PM Ignore Tiernan Report Abuse Go to it then!
PithyOpiner Champion Author Stockton Posts:16,175 Points:1,592,570 Joined:Jun 2008	Message Posted: Jun 27, 2012 11:54:42 AM Ignore PithyOpiner Report Abuse Export LNG. It will help with our balance of payments. Do I have to think of everything around here?
Lologogo Champion Author Twin Cities Posts:1,294 Points:352,390 Joined:Sep 2011	Message Posted: Jun 27, 2012 11:53:56 AM Ignore Lologogo Report Abuse too much crap in the world!
netman044 Champion Author Texas Posts:6,848 Points:1,287,525 Joined:Sep 2005	Message Posted: Jun 27, 2012 11:53:33 AM Ignore netman044 Report Abuse We have such a surplus of natural gas that it just makes sense to export it no matter what it's source is.
momof5MN Champion Author Twin Cities Posts:4,034 Points:213,260 Joined:Feb 2011	Message Posted: Jun 27, 2012 11:50:52 AM Ignore momof5MN Report Abuse Yes, Jodybull!!!
cokezero All-Star Author Philadelphia Posts:830 Points:401,510 Joined:May 2009	Message Posted: Jun 27, 2012 11:48:51 AM Ignore cokezero Report Abuse Ok
jodybull All-Star Author El Paso Posts:767 Points:140,880 Joined:May 2012	Message Posted: Jun 27, 2012 11:48:27 AM Ignore jodybull Report Abuse Government should not ever be in business! FLAT!!! If Chrysler can't compete, then let it go under. If GMC can't compete, let it go under. If Middle East countries want grain, they should pay for it with oil, not be given vast amounts grown by farmers subsidized by the fed. Etc. etc. etc. As for Congress...all they care about is padding their own pockets/wallets! EVER!!!
Donliberty Champion Author New York Posts:1,648 Points:650,015 Joined:Apr 2011	Message Posted: Jun 27, 2012 11:47:59 AM Ignore Donliberty Report Abuse ok
bcfuelsaver Champion Author Vancouver Posts:1,623 Points:246,270 Joined:Jul 2011	Message Posted: Jun 27, 2012 11:47:19 AM Ignore bcfuelsaver Report Abuse ok
peanutsMN Champion Author Twin Cities Posts:1,672 Points:382,965 Joined:Jul 2011	Message Posted: Jun 27, 2012 11:46:57 AM Ignore peanutsMN Report Abuse Politics again.
toneOH All-Star Author Ohio Posts:551 Points:32,195 Joined:May 2011	Message Posted: Jun 27, 2012 11:46:53 AM Ignore toneOH Report Abuse k
WillyG Champion Author Cincinnati Posts:3,528 Points:901,115 Joined:Aug 2005	Message Posted: Jun 27, 2012 11:46:33 AM Ignore WillyG Report Abuse Huh ? This is very confusing.
drobbbb Champion Author Maryland Posts:3,455 Points:808,235 Joined:Dec 2010	Message Posted: Jun 27, 2012 11:46:13 AM Ignore drobbbb Report Abuse ok
pricechecker08 Champion Author Ohio Posts:7,856 Points:1,696,700 Joined:Jan 2008	Message Posted: Jun 27, 2012 11:46:08 AM Ignore pricechecker08 Report Abuse Election Time
Feud Champion Author Ontario Posts:2,066 Points:303,990 Joined:Feb 2007	Message Posted: Jun 27, 2012 11:45:54 AM Ignore Feud Report Abuse Let the big corporations take charge or....let the government lead the way.....either way seems difficult.
ace12012 Champion Author Phoenix Posts:1,650 Points:321,810 Joined:Apr 2012	Message Posted: Jun 27, 2012 11:45:06 AM Ignore ace12012 Report Abuse interesting article.
mickealo Champion Author Spokane Posts:6,137 Points:2,139,460 Joined:Oct 2006	Message Posted: Jun 27, 2012 11:44:15 AM Ignore mickealo Report Abuse the government should butt out and let private do their thing all government should be doing is inforcing the rules
ramshot412 Champion Author Riverside Posts:20,132 Points:2,462,465 Joined:Apr 2004	Message Posted: Jun 27, 2012 11:43:58 AM Ignore ramshot412 Report Abuse "Nobody has ever accused politicians of being either our Best or our Brightest - this is way too complex for politicians" and few ever have the public's best interest in mind.
AriesMMD Champion Author Sacramento Posts:1,476 Points:408,440 Joined:Dec 2011	Message Posted: Jun 27, 2012 11:43:03 AM Ignore AriesMMD Report Abuse Politicians at work---avoid anything that might alienate a lot of people