Remember the ads, the talking points about how we have to drill and frack for natural gas in order to "break the oil habit"? If we frack up the countryside then we would not have to import "foreign oil"? Natural Gas will provide us with security, and allow energy independence and everything would be coming up sunshine and roses?
Wave the FLAG, sacrifice and frack your land, your air, your water and your family for the good of the country.
American Natural Gas for America........yeah, right.
Joint ventures between US Natural Gas Corporations and Foreign Investors are set up and in line waiting for export facilities to be built.
Cheniere Energy has been approved by regulators to construct the Sabine Pass LNG terminal in Cameron Parish, Louisianna. It will be the first of many more to come. Once this facility and others are in operation, it will provide a relief to the current gas glut as well as producing higher profits for the Natural Gas industry.
CHINA and elsewhere - here we come!
Click here for a spreadsheet on Joint Ventures with foreign investors.