Tag Archives: export

U.S. Shale Gas Exports Are ‘Dead in the Water’

Cove Point LNG, under construction, is slated to export gas from the Marcellus Shale to India and Japan. But what if there isn't enough gas to export?
Cove Point LNG is slated to export gas from the Marcellus Shale to India and Japan. But what if there isn’t enough gas to export?

By Jim Flood, ieefa.org

The potential for exports of U.S. natural gas is not as rosy as proponents once imagined, said two panelists at this week’s New Energy Finance 2015 conference.

Here’s Charlie Blanchard of Bloomberg New Energy Finance: “We don’t think that Pennsylvania gas makes it to Miami, much less Tokyo. There’s really only enough of it to supply the eastern U.S. There’s not so much of it that we can export it everywhere.”

Deborah Lawrence of Energy Policy Forum painted a more dire picture, asserting that shale exports are “dead in the water” and that U.S. shale production will peak between 2018 and 2020. Continue reading U.S. Shale Gas Exports Are ‘Dead in the Water’