71 comments on Will Unconventional Natural Gas Save Us?
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Great post.
Correct me if I am wrong, but it is my understanding that big oil companies are bringing in LNG from overseas, as opposed from the Alaska proposed NG pipeline, for a simple reason. Money.
They figure it is cheaper to bring in from Indonesia LNG to Long Beach or Ventura, than to build the pipeline and pay Alaska and Canada the royalties they have demanded. In turn, it is held in reserve so to speak for a decade.
Funny thing about this, is the ex-Governor Jerry Brown & family got nailed on LNG from Indonesia 25 years ago.