US becomes a net natural gas exporter for a week with a shipment to Brazil

Wednesday, March 2nd 2016 - 22:43 UTC

Full article 12 comments

United States turned into a net natural gas exporter for a week after the first liquefied natural gas export from Cheniere Energy Inc's Sabine Pass terminal in Louisiana left for Brazil. The United States however is not expected to become a net exporter of gas on an annual basis until 2017 after more pipelines to Mexico and LNG export terminals enter service, according to federal energy estimates. Read full article

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T_Paine
All good things. It will be nice when we can further erode Russia's dominance in the gas/oil industry in Europe.
Bye Bye Russia
With love
Mar 02nd, 2016 - 10:58 pm - Link - Report abuse 0
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MK8 Torpedo
Looks like the attempt by various oil and gas producing country's to torpedo the US shale oil/gas industry has been a massive fail.

Unless shooting yourself is considered a success .
Mar 03rd, 2016 - 10:00 am - Link - Report abuse 0
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Brasileiro
Russia is part of the BRICS which is the strongest and rich alliance in the world. I believe that the United States and Western Europe has no chance of winning Russian interests.

http://br.sputniknews.com/cultura/20160229/3700064/brasil-russia-cultura.html

http://br.sputniknews.com/cultura/20160229/3700064/brasil-russia-cultura.html

BRICS
Mar 03rd, 2016 - 10:50 am - Link - Report abuse 0
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T_Paine
The US shale producers are mostly now profitable at U$40bbl for oil. We have proven gas reserves for 300+ years and stopped exploring years ago because we have so much.
The next Prez will allow offshore exploration again and Alaska exploration.

Oil producing countries are over.
They can go back hacking off each others head for water.

Russia is disintegrating but beware of Putin. He'll not go quietly. He's almost out of cash though, can't buy support from the satellites any longer and India stopped buying their weapons. Not too long now.
Mar 03rd, 2016 - 11:04 am - Link - Report abuse 0
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Brasileiro
We'll see when the hedge contracts begin to expire.

Disintegration will reach the United States first.

Viva TRUMP!
Mar 03rd, 2016 - 11:11 am - Link - Report abuse 0
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T_Paine
What hedge are you talking about?
Pretty sure you don't understand market driven economics.
Mar 03rd, 2016 - 11:39 am - Link - Report abuse 0
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Brasileiro
This...

http://www.carbontracker.org/report/us-shale-oil-and-gas/
Mar 03rd, 2016 - 11:54 am - Link - Report abuse 0
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T_Paine
That was last year idiot.
That's long over.
Price is $33 now.

What a moron!
Mar 03rd, 2016 - 12:02 pm - Link - Report abuse 0
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Brasileiro
Your oil industry is over!

http://www.reuters.com/article/us-usa-oil-hedging-idUSKBN0TX0F420151214

http://www.reuters.com/article/us-usa-oil-hedging-idUSKBN0TX0F420151214

http://www.reuters.com/article/us-usa-oil-hedging-idUSKBN0TX0F420151214

Bye bye USA!
Mar 03rd, 2016 - 12:33 pm - Link - Report abuse 0
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T_Paine
9. All of those articles are from last year!

You clearly don't understand the o/g business.

Its worse for PBR, much much worse.

You should say bye bye Brazil.
Mar 03rd, 2016 - 12:57 pm - Link - Report abuse 0
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MK8 Torpedo
The Brics don't have a pot to piss in.

Brasshole is years behind the times.
Mar 03rd, 2016 - 03:05 pm - Link - Report abuse 0
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L0B0MAU
According to Bloomberg:

Recovery Eludes Brazil Economy After Biggest Dive in 25 Years:
www.bloomberg.com/news/articles/2016-03-03/brazil-s-economy-shrinks-less-than-forecast-in-fourth-quarter
Mar 03rd, 2016 - 09:18 pm - Link - Report abuse 0
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