Thanks for your response. So what is driving domestic LNG export terminals with the current facilities under approval or under construction? Who will be buying that natural gas with our geographic disadvantage? It seems most of the growth will be coming from SE Asia while Latin America has fallen behind due to political and social instability.
This. It's not just the US as China is moving towards stricter environmental controls on pollutants, especially on coal use.
Everyone knows sustainable and renewable energy is good. Everyone also knows that the cost as gone down. There are two big issues with renewables: reliability and storage. If we can't successfully tackle both issues, it'll never supplant fossil fuel or alternatives sources in the future.
That's a great question. Most of the LNG facilities that's either going through permitting or retrofitting are along the Gulf Shore within Texas and Louisiana. Last year, we've already sent a shipment from Lake Charles to Brazil. In the past, most of the NG goes from south to north because of the abundance gas in Texas (Haynesville, Barnett, Permian Basin, Eagle Ford, etc). The development of Marcellus and Utica in the mid-Atlantic became a game changer. Now that gas is no longer flowing as much from south to north, they'll likely flow further south. A lot of things will depend on the Trump administration. What kind of trade and commerce relationships are they going to build with our neighbors? Trump promised to end NAFTA and free trade, will that impact energy and commodities? Who knows? Everything is unknown at the moment. I predict these LNGs will ultimately go to some European countries, Japan, and a few Central/South American ones. Let's wait and see.
Kinetic batteries has been around since the beginning. It'll get better, cheaper, and more durable as material science improves. http://www.elp.com/articles/2016/11/flywheel-energy-storage-device-to-be-installed-near-paris.html I haven't heard of compressed air as storage before but this sounds like a pretty cool yet unique use case. http://www.houstonpublicmedia.org/a...ompany-could-store-electricity-in-the-ground/