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gas prices, page-25

  1. 622 Posts.
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    Interesting article from a US prespective. I like the bit where it says the business case for exporting shale gas as LNG is strong.


    US not ready for debate on exporting shale gas: Shell official

    Washington (Platts)--26Apr2011/533 pm EDT/2133 GMT

    Shell's president for US operations on Tuesday called talk of exporting shale gas premature, at least politically.

    "We're still waking up to the fact that we have this enormous energy resource in our backyard," Marvin Odum said at the US Energy Information Administration's conference in Washington. "It completely changed the way we look at energy as a country."

    "I think we finish that realization process and then have the political debate about whether exporting some of that energy is something we allow to happen or not."

    The business case for exporting shale gas as LNG is strong, Odum said.

    "If you look at it from a pure commercial global gas business perspective, it could make some good sense," he said. "I just recognize we haven't had that debate."
 
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