U.S. Gas Export Pioneers Sell Shares to Satisfy Loans

[ronwagn + 6,290]

https://finance.yahoo.com/news/u-gas-export-pioneers-forced-033020279.html

U.S. Gas Export Pioneers Forced to Sell Shares to Satisfy Loan Requirements

Meanwhile tha Saudis are getting into the shale fracking and natural gas export business. Many other countries are planning on exporting from new sites. How much of this natural gas will get exported as LNG or diverted to nearby pipelines? What is the future of LNG and piped natural gas? 

[Guillaume Albasini + 851]

53 minutes ago, ronwagn said:

What is the future of LNG and piped natural gas? 

 Oversupply  !

[Gerry Maddoux + 3,627]

Ron:

Natural gas is the energy of the future. I doubt seriously that we'll ever in our lifetimes see NG over $2.50/btu.

LNG will continue to profit and build out floating offloading terminals. 

This is a great longterm energy solution. 

 

[0R0 + 6,251]

Yes, oversupply with a growing offtake as LNG displaces diesel in shipping and as chemical input. NGLs are also replacing petrochem inputs. 25% of oil demand is thus on the table to disappear over the next decade even before we consider the demographic decline of industrialized nations. 

The LNG consumption will eventually balance the huge energy content price gap between the two against Brent and diesel made from it. It will always remain, but not to a 5 to 10 fold range. Driving forces that powerful are not sustainable. 

 

[Ouallan + 2]

Natural gas is the energy of the future? If you refer to 10-15 years, then yes, it may be, but if we speak about 50 years or so, there is no place for NG anymore. The one and only energy of the future, which is the most real and used in mass, is the renewable electrical energy, like solar and wind energy. The climate crisis is already devastating, people are dying because of the natural disasters, and the entire planet as well. At this point, it's better to take a fast loan from https://www.uplyftcapital.com/ and start making some changes, and the change should come from each of us.

Edited August 16, 2021 by Ouallan