From Readers -- November 21, 2017

I haven't done this before but I don't want to lose the links or the comments, and information contained in comments won't show up in a google search, so I will place the comments here, and perhaps come back to them later.

From a reader, November 20, 2017, which accompanied this post:

The looming global impact of almost unfathomable amounts of natural gas was described in detail by a Seeking Alpha analyst, David Addison, in yesterday's piece " Battle for Dawn".

This follows the stunning announcement last week from Tellurian that they will build a 20 train LNG facility on Lake Charles for $15 billion ... half the historical price for these plants. The LNG project is the Driftwood, being built by Bechtel. [I track the US LNG export terminals here.]

The size and economy of these infrastructures will boost natgas consumption worldwide, possibly even to Melbourne, Australia, where a company is tentatively planning on a floating regassification structure (FSRU) to - perhaps - import LNG from the US as it may well be cheaper than their own Queensland LNG plants.

Absolutely amazing potentialities ahead, due in no small part to the tenaciousness, the foresight of people like Hamm, Papa, McClendon and the people of North Dakota who all helped birth this new reality.

From a reader, November 20, 2017, which accompanied this post:

The Mountaineer Xpress mentioned above - very large at 2.7 Bcfd - is crucial, along with the proposed Atlantic Coast Pipeline, in opening up the southeast to Appalachian Basin gas.

There are plans to build numerous, large Combined Cycle Gas Turbine power plants (CCGT) to provide cheap electricity to Virginia, the Carolinas, possibly Georgia and Florida.

The renewable folks are going absolutely crazy in their attempts to stifle the build out of these pipelines. 

From a reader, November 20, 2017, which accompanied this post:

Oddly, the same date as the Tellurian announcement, another study shows the capacity of new lines approved over the last two decades was more than twice the amount of gas actually produced and consumed daily in 2016.

• https://stateimpact.npr.org/pennsylvania/2017/11/13/new-gas-pipeline-capacity-sharply-exceeds-consumption-report-says/

RBN Energy reported the same in their series on Marcellus/Utica takeaway over a year ago

US gas production in 2016 was below that of 2015:

• https://www.eia.gov/dnav/ng/hist/n9070us2m.htm

And our imports, mostly from Canada were greater than our exports:

• US exports: https://www.eia.gov/dnav/ng/hist/n9130us2m.htm
• US imports: https://www.eia.gov/dnav/ng/hist/n9100us2m.htm

**********************************

Notes to the Granddaughters