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Natural gas exports: A
boon to the economy

Washington Post, by Editorial

Original Article

Posted By:Dreadnought, 12/8/2012 1:14:24 AM

USUALLY, OPPONENTS of freer trade argue that Americans shouldn’t be buying so many cheap products from abroad, sending their cash overseas. But when it comes to exporting some of this nation’s abundant supplies of natural gas, those who oppose opening up to the world turn that logic on its head — arguing, strangely, that Americans shouldn’t be trying to sell this particular product to other nations, bringing money into the country in the process. Both arguments are unconvincing, and for the same reason: When countries can buy and sell to each other, their economies do what they are best at

      


Post Reply  

Reply 1 - Posted by: mominNoCA, 12/8/2012 4:34:30 AM     (No. 9054771)

Now, now, we can´t have any boons to our economy. If too many people have jobs, they won´t appreciate government´s largesse and bow down before Obama the Almighty.

I´m pleasantly surprised the WaPo printed this editorial, btw.


Reply 2 - Posted by: ROLFnader, 12/8/2012 9:54:49 AM     (No. 9055136)

It´s a sad and scary day when this has to be explained to anyone living in this country. I do appreciate Wapo doing it, though. Of course , it was written by Edward Itorial so the moonbats can´t focus their rage on any one of their favorite scribes.


   

 

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Reply 3 - Posted by: oh-heck, 12/8/2012 12:09:58 PM     (No. 9055327)

All of the shale formations contain tight natural gas, while some contain both tight oil and tight gas. Though drilling in the gas-only formations has largely ceased, the gas produced from drilling in tight oil containing formations has made up the difference plus a lot more. Exporting the gas ensures that it will be captured and sold instead of flared at the well head. Construction of at least 3 crackers are underway in TX to convert the gas or gas liquids to feedstocks. The next step will be world scale polymer plants built here instead of the Middle East.


Reply 4 - Posted by: Quaestio, 12/9/2012 2:13:32 AM     (No. 9056005)

There is a down-side to this in the long-run. Taxes on this boom will enable Obama to continue to pay-off half the populace. He´ll also use the government to pick and choose who gets to won the companies that are doing the exporting. How soon before he nationalizes them in the interest of national security?



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Below, you will find ...

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Security inside Iraq is unraveling at an alarming pace, and al Qaeda terrorists there aren’t just pulling the thread; they’re setting it on fire. More than 1,000 Iraqis were killed in bombings and shootings last month, making July the deadliest month since violence between Sunni and Shiite Muslims peaked from 2006 to 2008, the United Nations says. On Thursday, gunmen stormed a policeman’s home in Tikrit and killed him, his wife and their three children. When neighbors later approached the house, a nearby car bomb exploded and killed eight people — a noted al Qaeda tactic,

   

 

  


 
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