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Exxon: Natural gas exports in near future

Miami Herald -- North America could be come a net exporter of natural gas by about 2020, Irving-based Exxon Mobil says in its latest outlook for world energy markets

The world's largest private oil and gas producer also said North America -- Canada, the United States and Mexico -- would be a net exporter of both crude oil and natural gas by about 2030. The company's annual outlook projects supply and demand trends to 2040.

Exxon also sees natural gas use gaining at the expense of coal, owing to the impact of climate change concerns and public policies. By 2040, natural gas will account for 30 percent of global electricity generation, compared with less than 25 percent today, Exxon says.

Still, the company doesn't expect today's wide spread in the price of natural gas around the world to narrow any tim


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Submitted Dec 12, 2012 By: skb69sa
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Exxon: Natural gas exports in near future Back to Topics
REPLIES (newest first) Post a Reply
jrschl
Champion Author Louisville

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Message Posted: Dec 12, 2012 11:00:19 AM

I thought we were already supposed to be a net exporter of NG.
pbalmeo
Champion Author Los Angeles

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Message Posted: Dec 12, 2012 9:33:06 AM

CNET is great. Glad more options are coming.
doctorindyj
Champion Author Santa Fe

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Message Posted: Dec 12, 2012 8:58:25 AM

If we have all this natural gas they should push for the infrastructure so that we can drive with it before they start talking import.
sciotosix
Champion Author Dayton

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Message Posted: Dec 12, 2012 7:48:35 AM

As long as NG prices stay low in the US.
Mariuxus
Champion Author Chicago

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Joined:May 2007
Message Posted: Dec 12, 2012 7:36:58 AM

ok...
humblepie
Champion Author Toledo

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Message Posted: Dec 12, 2012 7:19:30 AM

buy canned goods and candles
rbrk02
Champion Author Rhode Island

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Message Posted: Dec 12, 2012 7:01:27 AM

A natural market development.
zwsn01
All-Star Author Alabama

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Joined:Jan 2012
Message Posted: Dec 12, 2012 6:14:09 AM

It's capitalism. They will sell to whomever will pay the most.
dabayer
Champion Author New Hampshire

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Points:937,160
Joined:Oct 2005
Message Posted: Dec 12, 2012 6:03:06 AM

Wrong. We shouldn't allow Big Oil to sell US gas or oil to foreign markets. This will NOT help our own consumption and energy costs, only fill Big Oil's pockets.
coughlin
Champion Author San Jose

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Message Posted: Dec 12, 2012 5:57:01 AM

Fracking HAS to become cleaner.
grandpadon28110
Champion Author Charlotte

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Message Posted: Dec 12, 2012 5:17:02 AM

Go NG.
APlus
Champion Author San Antonio

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Message Posted: Dec 12, 2012 4:31:44 AM

Exxon & big companies gear up to make more profits in the future with different products.
quasar502
Champion Author Lansing

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Message Posted: Dec 12, 2012 4:02:55 AM

Just a matter of time.
SUPERSTEVIEO
Champion Author Quebec

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Message Posted: Dec 12, 2012 3:30:23 AM

yep... if you had a chance to sell a commodity for export at a higher price than sold locally...what would you do?
djgunrunner
Champion Author Salt Lake City

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Message Posted: Dec 12, 2012 3:26:14 AM

Big Oil or Gas whoever the owners are would love the opportunity to do the same thing to Natural Gas that they are doing to Gasoline and Diesel. Over export it to the point of causing a shortage so that they could gouge the American Public.
Pozole
Champion Author Portland

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Message Posted: Dec 12, 2012 2:59:48 AM

...TAX BIG ON EXPORT ! !...our prices will rise no doubt...
76chevy
Champion Author Toledo

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Message Posted: Dec 12, 2012 2:14:51 AM

Export for a while then start an embargo.
bobdec
Champion Author Miami

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Message Posted: Dec 12, 2012 1:59:57 AM

Keep most of it here
yakstar
Champion Author Montreal

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Message Posted: Dec 12, 2012 1:59:33 AM

go fer it lagger!
1fulltank
Champion Author Buffalo

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Message Posted: Dec 12, 2012 1:58:57 AM

More likely than possible.
JuicyQ69
All-Star Author San Bernardino

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Message Posted: Dec 12, 2012 1:54:15 AM

I'll be too old to give a damn anyway.
afghaned
Champion Author Ottawa

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Message Posted: Dec 12, 2012 1:50:33 AM

Home fuel cells coming to a neighbourhood near you soon.
SteveMartin
Champion Author New Orleans

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Message Posted: Dec 12, 2012 1:50:12 AM

Buy some stock.
AskMeLater
Champion Author Amarillo

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Message Posted: Dec 12, 2012 1:50:10 AM

Buy, buy buy!
Sell, sell sell!
jacob5066
Champion Author College Station

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Message Posted: Dec 12, 2012 1:49:13 AM

I'll have to wait and see, appears to be a lot of speculation
findcheap
Champion Author Los Angeles

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Message Posted: Dec 12, 2012 1:39:48 AM

that's a long way off
TBONE3
Champion Author Pennsylvania

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Message Posted: Dec 12, 2012 1:36:43 AM

Time to buy Exxon stock??????
Retowered
Champion Author Colorado

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Message Posted: Dec 12, 2012 1:36:25 AM

Interesting.
metrojeep
Champion Author Fort Worth

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Message Posted: Dec 12, 2012 1:34:54 AM

Time will tell
pricewar
Champion Author Ogden

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Message Posted: Dec 12, 2012 1:33:12 AM

Reading these articles makes me realize how primitive we are. We might have technology,
But for some reason, we should be a lot further then we are today.
bart_reed
Champion Author Los Angeles

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Message Posted: Dec 12, 2012 1:30:48 AM

It won't lower prices at the pump.
TWS658
Champion Author Portland

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Message Posted: Dec 12, 2012 1:29:23 AM

Interesting.
lgwhitlock
Champion Author Chico

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Message Posted: Dec 12, 2012 1:28:52 AM

More speculation...
Bill100
Champion Author Grand Rapids

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Message Posted: Dec 12, 2012 1:27:43 AM

USA first and foremost.
Sam195
Champion Author San Bernardino

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Message Posted: Dec 12, 2012 1:10:36 AM

2020 is the "near future"?
sprocketsplines
Champion Author Washington

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Message Posted: Dec 12, 2012 1:09:14 AM

Just shows that commodities will be sold to the highest bidder in the global marketplace.
1Boog
Champion Author Lincoln

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Message Posted: Dec 12, 2012 1:02:53 AM

do not export our energy to china!!
iFueler
Champion Author Durham

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Joined:Nov 2012
Message Posted: Dec 12, 2012 12:58:48 AM

not surprising...
Topless2012
Champion Author Twin Cities

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Message Posted: Dec 12, 2012 12:57:53 AM

Doing what they do best. Making money.
Ready Eddie
Champion Author Twin Cities

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Message Posted: Dec 12, 2012 12:53:09 AM

Business.
MarAzul
Champion Author London

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Message Posted: Dec 12, 2012 12:50:11 AM

NG will go sky rocket.
gamalerin
Champion Author Tampa

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Message Posted: Dec 12, 2012 12:48:17 AM

We have to drill more.
SHEP20715
Champion Author Maryland

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Message Posted: Dec 12, 2012 12:47:09 AM

Since the oil ans gas companies own it, they will sell to the highest bidder
chuckwthompson
Champion Author Charlotte

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Message Posted: Dec 12, 2012 12:43:34 AM

We need to keep OUR natural resources here at home.
abacus44
Champion Author Toms River

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Message Posted: Dec 12, 2012 12:42:08 AM

OK
frostyWV
Champion Author West Virginia

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Message Posted: Dec 12, 2012 12:38:50 AM

money talks.
RENEGADEGAS
Champion Author Missouri

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Joined:Jul 2008
Message Posted: Dec 12, 2012 12:38:11 AM

Since we only had about 100 years worth based on last years consumtion rate, this ought to cut that time down considerably.
Ahking
Champion Author Orange County

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Message Posted: Dec 12, 2012 12:37:52 AM

that's what they all say.
Happytalk
Champion Author Pennsylvania

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Message Posted: Dec 12, 2012 12:35:26 AM

greed
defiancegasman
Champion Author Ohio

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Joined:May 2006
Message Posted: Dec 12, 2012 12:24:59 AM

NOT while we are still inporting oil. Then put a surcharge on it!
Lucky538
Rookie Author Tennessee

Posts:10
Points:639,100
Joined:Sep 2011
Message Posted: Dec 12, 2012 12:24:15 AM

wonder if they can export the earth quakes that are gonna come with this new way of extracting the gas???
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