Sunday, December 09, 2012

Remember when Washington Post articles on U.S. energy were all about bad-weather-prevention via wind turbines and solar panels? Now we are treated with quotes like: "We have so much gas we don’t know what to do with it...Nobody foresaw the shale gas revolution in the United States"

The natural gas revolution reversing LNG tanker trade - The Washington Post
We have so much gas we don’t know what to do with it, and it’s unlikely that we can create enough demand for all the gas coming on stream,” said Cherif Souki, chief executive of Cheniere Energy, which is spending $10 billion to add LNG export capability to an idle import facility in Sabine Pass, La.
...
“Nobody saw it coming,” Cheniere’s Souki said. “Not their planning departments, and certainly not us. Nobody foresaw the shale gas revolution in the United States.”

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