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LNG Export Plant Verges on U.S. Approval Amid Shale Glut

Bloomberg -- Cheniere Energy Inc. (LNG), the natural gas importer that lost $1.2 billion in a decade, is poised to become the sole U.S. exporter of fuel from the shale bonanza that’s turned the nation into the world’s biggest gas producer.

The government may decide as soon as next week on Cheniere’s request to build a $10 billion Louisiana plant that would be the largest in the U.S. to liquefy gas and load it onto ocean-going tankers. Regulators will discuss the project April 19. Cheniere’s shares rose as much as 11 percent in New York.

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Submitted Apr 14, 2012 By: Mudsprings

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honda0105 Champion Author Tallahassee Posts:18,811 Points:1,635,270 Joined:Nov 2008	Message Posted: Apr 18, 2012 3:02:35 AM Ignore honda0105 Report Abuse same as with oil. Export it, so prices go up in the US.
dave27johnson Champion Author Chicago Posts:1,818 Points:431,345 Joined:Feb 2012	Message Posted: Apr 15, 2012 7:49:34 AM Ignore dave27johnson Report Abuse Good. A Houston-based company that brings money into the US through exports.
must87searcher Champion Author Maryland Posts:9,112 Points:1,806,200 Joined:Apr 2008	Message Posted: Apr 14, 2012 9:35:23 PM Ignore must87searcher Report Abuse This is another way to do business. It won't go to everyone's advantage.
dongo50 Champion Author West Virginia Posts:14,866 Points:2,405,795 Joined:Jul 2006	Message Posted: Apr 14, 2012 9:04:51 PM Ignore dongo50 Report Abuse hmmmmm
kgbellman Champion Author Ann Arbor Posts:2,844 Points:757,590 Joined:Mar 2011	Message Posted: Apr 14, 2012 9:02:46 PM Ignore kgbellman Report Abuse more pockets to be lined?
big_mac64 Champion Author Tennessee Posts:10,600 Points:1,490,130 Joined:May 2005	Message Posted: Apr 14, 2012 8:59:32 PM Ignore big_mac64 Report Abuse whatever
kgbellman Champion Author Ann Arbor Posts:2,844 Points:757,590 Joined:Mar 2011	Message Posted: Apr 14, 2012 8:58:48 PM Ignore kgbellman Report Abuse more pockets to be lined?
PoohMcGoo Champion Author Alabama Posts:3,122 Points:821,610 Joined:Dec 2010	Message Posted: Apr 14, 2012 8:56:57 PM Ignore PoohMcGoo Report Abuse Guess we don't have an energy shortage if we're exporting it.
nwsynthetics Champion Author Oregon Posts:1,019 Points:354,400 Joined:Dec 2011	Message Posted: Apr 14, 2012 8:56:08 PM Ignore nwsynthetics Report Abuse What u talking about willis....Hmmm.
jjfisher All-Star Author Toledo Posts:558 Points:769,730 Joined:Aug 2008	Message Posted: Apr 14, 2012 8:53:58 PM Ignore jjfisher Report Abuse really??
bif65 Champion Author Virginia Posts:1,024 Points:200,400 Joined:Jan 2011	Message Posted: Apr 14, 2012 8:53:55 PM Ignore bif65 Report Abuse ok
shari128 All-Star Author Iowa Posts:573 Points:877,915 Joined:Jun 2010	Message Posted: Apr 14, 2012 8:52:11 PM Ignore shari128 Report Abuse We need lower gas prices!!!
SpankyMI Champion Author Kalamazoo Posts:2,826 Points:783,640 Joined:Jan 2011	Message Posted: Apr 14, 2012 8:52:05 PM Ignore SpankyMI Report Abuse Too lose $1.2 billion in ten years and still be the only exporter, they must be doing something right!
kbierley Champion Author Dayton Posts:10,739 Points:1,417,820 Joined:Nov 2003	Message Posted: Apr 14, 2012 8:52:05 PM Ignore kbierley Report Abuse Say What?
onegiraffeAL Champion Author Alabama Posts:1,020 Points:435,500 Joined:Jan 2010	Message Posted: Apr 14, 2012 8:49:35 PM Ignore onegiraffeAL Report Abuse k
gilfarm Champion Author Alabama Posts:6,926 Points:1,974,590 Joined:Sep 2005	Message Posted: Apr 14, 2012 8:48:44 PM Ignore gilfarm Report Abuse We need to use it to lower our prices!
egd Champion Author Twin Cities Posts:8,221 Points:2,144,050 Joined:Mar 2005	Message Posted: Apr 14, 2012 8:45:18 PM Ignore egd Report Abuse US needs to exort fuels????
Jeffro61 Champion Author Cleveland Posts:2,398 Points:2,308,995 Joined:Oct 2005	Message Posted: Apr 14, 2012 8:45:03 PM Ignore Jeffro61 Report Abuse Ok
flghtmedic All-Star Author Pensacola Posts:517 Points:384,705 Joined:Apr 2006	Message Posted: Apr 14, 2012 8:42:31 PM Ignore flghtmedic Report Abuse Ok
roadrunnin Champion Author Richmond Posts:1,801 Points:580,980 Joined:May 2008	Message Posted: Apr 14, 2012 8:42:08 PM Ignore roadrunnin Report Abuse with such high losses,how can they afford to still be in the game?
dancygreen Champion Author Twin Cities Posts:2,187 Points:510,600 Joined:Sep 2011	Message Posted: Apr 14, 2012 8:41:49 PM Ignore dancygreen Report Abuse ANYONE LOOKING FOR A JOB?
AnObserver Champion Author New Jersey Posts:8,484 Points:2,283,530 Joined:Sep 2005	Message Posted: Apr 14, 2012 8:40:49 PM Ignore AnObserver Report Abuse As long as our production is as high as is currently we will need to export
abcdMA Champion Author Worcester Posts:8,047 Points:1,599,755 Joined:Nov 2008	Message Posted: Apr 14, 2012 8:37:50 PM Ignore abcdMA Report Abuse and done without governmental money
carman11 Champion Author North Carolina Posts:3,474 Points:718,450 Joined:Jun 2011	Message Posted: Apr 14, 2012 8:35:54 PM Ignore carman11 Report Abuse WOW
DblChek Champion Author San Antonio Posts:2,387 Points:625,135 Joined:Jul 2008	Message Posted: Apr 14, 2012 8:35:16 PM Ignore DblChek Report Abuse Wonder if I'll be able to comfortably sit down by next year?
Hoporrene Veteran Author Mississippi Posts:312 Points:206,970 Joined:Dec 2011	Message Posted: Apr 14, 2012 8:34:53 PM Ignore Hoporrene Report Abuse might work out
DriverofRed Champion Author Calgary Posts:2,303 Points:435,685 Joined:Dec 2011	Message Posted: Apr 14, 2012 8:33:25 PM Ignore DriverofRed Report Abuse good for them
THX138 Champion Author San Francisco Posts:2,648 Points:1,037,040 Joined:Apr 2010	Message Posted: Apr 14, 2012 8:31:47 PM Ignore THX138 Report Abuse k
bginsj Champion Author San Jose Posts:1,953 Points:1,258,660 Joined:May 2009	Message Posted: Apr 14, 2012 8:31:31 PM Ignore bginsj Report Abuse Interesting
CQQKIE All-Star Author Illinois Posts:970 Points:349,065 Joined:Jul 2008	Message Posted: Apr 14, 2012 8:31:17 PM Ignore CQQKIE Report Abuse Oh yea heres a plan in the making - right just one big floating bomb - real smart!!!!
spotterFL Champion Author Florida Posts:4,256 Points:545,715 Joined:Aug 2009	Message Posted: Apr 14, 2012 8:31:01 PM Ignore spotterFL Report Abuse No underground storage left?
sparkie951 Champion Author Roanoke Posts:4,309 Points:875,985 Joined:Dec 2010	Message Posted: Apr 14, 2012 8:27:48 PM Ignore sparkie951 Report Abuse obama there, they wont let him.
Wierbe Champion Author Cincinnati Posts:3,882 Points:1,144,865 Joined:Apr 2006	Message Posted: Apr 14, 2012 8:27:11 PM Ignore Wierbe Report Abuse Here we go again. We're sitting on a bonanza of fuel, so we ship it away while our pump prices go up. I wish the industry would get serious about natural gas and start a committed effort to build the vehicles and infrastructure here in America.
silverfoxv65 Champion Author Michigan Posts:4,613 Points:1,255,500 Joined:Sep 2009	Message Posted: Apr 14, 2012 8:26:20 PM Ignore silverfoxv65 Report Abuse They will find a way to screw us some how!
2granny Champion Author Michigan Posts:9,705 Points:1,492,005 Joined:Apr 2009	Message Posted: Apr 14, 2012 8:25:41 PM Ignore 2granny Report Abuse There go our gas prices.
drobbbb Champion Author Maryland Posts:3,585 Points:836,035 Joined:Dec 2010	Message Posted: Apr 14, 2012 8:25:17 PM Ignore drobbbb Report Abuse Ok
TheSnowstorm Champion Author Montreal Posts:8,719 Points:1,938,180 Joined:June 2005	Message Posted: Apr 14, 2012 8:22:53 PM Ignore TheSnowstorm Report Abuse $10B dollar plant? What exactly will be the rate of return on this?
icer06 Champion Author Huntsville Posts:2,543 Points:480,870 Joined:Jan 2012	Message Posted: Apr 14, 2012 8:21:16 PM Ignore icer06 Report Abuse ok
Akcamper Veteran Author Tucson Posts:274 Points:30,555 Joined:Dec 2011	Message Posted: Apr 14, 2012 8:21:11 PM Ignore Akcamper Report Abuse SCREWED AGAIN OMG = OBAMA MUST GO!
spotterFL Champion Author Florida Posts:4,256 Points:545,715 Joined:Aug 2009	Message Posted: Apr 14, 2012 8:20:23 PM Ignore spotterFL Report Abuse wild3bill: Do you mean back to Kenya?
wild3bill Champion Author New York Posts:2,551 Points:1,694,640 Joined:Nov 2005	Message Posted: Apr 14, 2012 8:17:15 PM Ignore wild3bill Report Abuse We should export Obama!
mgune9 All-Star Author Dallas Posts:914 Points:200,395 Joined:Feb 2012	Message Posted: Apr 14, 2012 8:14:14 PM Ignore mgune9 Report Abuse here we go - another solution to our energy problems and we let it be shipped overseas???????
ttfn5tigger Champion Author Indianapolis Posts:2,023 Points:438,150 Joined:Apr 2011	Message Posted: Apr 14, 2012 8:12:43 PM Ignore ttfn5tigger Report Abuse not under obummer's watch
Lukus Champion Author Halifax Posts:8,409 Points:1,699,305 Joined:Nov 2007	Message Posted: Apr 14, 2012 8:11:55 PM Ignore Lukus Report Abuse NG could be the fuel of the future.
elink7 Rookie Author Pennsylvania Posts:99 Points:101,395 Joined:Jul 2011	Message Posted: Apr 14, 2012 8:08:23 PM Ignore elink7 Report Abuse Good luck
miiike572 All-Star Author Phoenix Posts:798 Points:544,565 Joined:Apr 2009	Message Posted: Apr 14, 2012 8:07:15 PM Ignore miiike572 Report Abuse I'm sure Barry will block this if possible.
Blue48 Champion Author Illinois Posts:7,440 Points:1,664,670 Joined:Feb 2007	Message Posted: Apr 14, 2012 8:05:18 PM Ignore Blue48 Report Abuse GOOD LUCK!
USCCRN Sophomore Author Long Island Posts:145 Points:104,240 Joined:Mar 2012	Message Posted: Apr 14, 2012 8:01:24 PM Ignore USCCRN Report Abuse It should do some good for the U.S. economy. So the U.S. exports natural gas and imports petroleum. Instead of selling it cheap to the rest of the world, how about making it more available within the U.S. and for low cost.
judgemobile Champion Author Ohio Posts:7,695 Points:2,470,685 Joined:Nov 2005	Message Posted: Apr 14, 2012 8:00:23 PM Ignore judgemobile Report Abuse oil well over $ 100, but NAT GAS UNDER $ 2 for several days...hmmmmm !!!
babugp Veteran Author Philadelphia Posts:339 Points:76,685 Joined:Mar 2012	Message Posted: Apr 14, 2012 7:51:33 PM Ignore babugp Report Abuse hum