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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

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jrschl Champion Author Louisville Posts:3,102 Points:707,490 Joined:Jun 2011	Message Posted: Dec 12, 2012 11:00:19 AM Ignore jrschl Report Abuse I thought we were already supposed to be a net exporter of NG.
pbalmeo All-Star Author Los Angeles Posts:978 Points:211,500 Joined:Aug 2011	Message Posted: Dec 12, 2012 9:33:06 AM Ignore pbalmeo Report Abuse CNET is great. Glad more options are coming.
doctorindyj Champion Author Santa Fe Posts:3,533 Points:863,335 Joined:Nov 2009	Message Posted: Dec 12, 2012 8:58:25 AM Ignore doctorindyj Report Abuse 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 Posts:2,879 Points:691,875 Joined:Apr 2011	Message Posted: Dec 12, 2012 7:48:35 AM Ignore sciotosix Report Abuse As long as NG prices stay low in the US.
Mariuxus Champion Author Chicago Posts:3,882 Points:1,896,555 Joined:May 2007	Message Posted: Dec 12, 2012 7:36:58 AM Ignore Mariuxus Report Abuse ok...
humblepie Champion Author Toledo Posts:35,260 Points:2,397,120 Joined:Mar 2006	Message Posted: Dec 12, 2012 7:19:30 AM Ignore humblepie Report Abuse buy canned goods and candles
rbrk02 Champion Author Rhode Island Posts:5,906 Points:842,980 Joined:Jan 2011	Message Posted: Dec 12, 2012 7:01:27 AM Ignore rbrk02 Report Abuse A natural market development.
zwsn01 All-Star Author Alabama Posts:692 Points:463,320 Joined:Jan 2012	Message Posted: Dec 12, 2012 6:14:09 AM Ignore zwsn01 Report Abuse It's capitalism. They will sell to whomever will pay the most.
dabayer Champion Author New Hampshire Posts:2,829 Points:638,105 Joined:Oct 2005	Message Posted: Dec 12, 2012 6:03:06 AM Ignore dabayer Report Abuse 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 Posts:5,314 Points:1,143,390 Joined:Sep 2009	Message Posted: Dec 12, 2012 5:57:01 AM Ignore coughlin Report Abuse Fracking HAS to become cleaner.
grandpadon28110 Champion Author Charlotte Posts:4,846 Points:1,168,060 Joined:Sep 2008	Message Posted: Dec 12, 2012 5:17:02 AM Ignore grandpadon28110 Report Abuse Go NG.
APlus Champion Author San Antonio Posts:4,013 Points:1,011,020 Joined:Apr 2007	Message Posted: Dec 12, 2012 4:31:44 AM Ignore APlus Report Abuse Exxon & big companies gear up to make more profits in the future with different products.
quasar502 Champion Author Lansing Posts:3,713 Points:827,100 Joined:Jan 2011	Message Posted: Dec 12, 2012 4:02:55 AM Ignore quasar502 Report Abuse Just a matter of time.
SUPERSTEVIEO Champion Author Quebec Posts:3,523 Points:787,115 Joined:Oct 2010	Message Posted: Dec 12, 2012 3:30:23 AM Ignore SUPERSTEVIEO Report Abuse 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 Posts:10,242 Points:2,374,355 Joined:Apr 2005	Message Posted: Dec 12, 2012 3:26:14 AM Ignore djgunrunner Report Abuse 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 Posts:9,754 Points:1,620,270 Joined:Mar 2005	Message Posted: Dec 12, 2012 2:59:48 AM Ignore Pozole Report Abuse ...TAX BIG ON EXPORT ! !...our prices will rise no doubt...
76chevy Champion Author Toledo Posts:4,023 Points:778,620 Joined:Jun 2010	Message Posted: Dec 12, 2012 2:14:51 AM Ignore 76chevy Report Abuse Export for a while then start an embargo.
bobdec Champion Author Miami Posts:9,099 Points:1,796,545 Joined:May 2008	Message Posted: Dec 12, 2012 1:59:57 AM Ignore bobdec Report Abuse Keep most of it here
yakstar Champion Author Montreal Posts:2,545 Points:505,275 Joined:Jan 2012	Message Posted: Dec 12, 2012 1:59:33 AM Ignore yakstar Report Abuse go fer it lagger!
1fulltank Champion Author Buffalo Posts:8,031 Points:1,570,020 Joined:Nov 2008	Message Posted: Dec 12, 2012 1:58:57 AM Ignore 1fulltank Report Abuse More likely than possible.
JuicyQ69 All-Star Author San Bernardino Posts:660 Points:1,162,235 Joined:Apr 2009	Message Posted: Dec 12, 2012 1:54:15 AM Ignore JuicyQ69 Report Abuse I'll be too old to give a damn anyway.
afghaned Champion Author Hamilton Posts:11,974 Points:1,312,025 Joined:May 2004	Message Posted: Dec 12, 2012 1:50:33 AM Ignore afghaned Report Abuse Home fuel cells coming to a neighbourhood near you soon.
SteveMartin Champion Author New Orleans Posts:4,543 Points:909,740 Joined:May 2008	Message Posted: Dec 12, 2012 1:50:12 AM Ignore SteveMartin Report Abuse Buy some stock.
AskMeLater Champion Author Amarillo Posts:2,116 Points:603,550 Joined:Jul 2005	Message Posted: Dec 12, 2012 1:50:10 AM Ignore AskMeLater Report Abuse Buy, buy buy! Sell, sell sell!
jacob5066 Champion Author College Station Posts:1,973 Points:456,340 Joined:Feb 2012	Message Posted: Dec 12, 2012 1:49:13 AM Ignore jacob5066 Report Abuse I'll have to wait and see, appears to be a lot of speculation
findcheap Champion Author Los Angeles Posts:9,727 Points:2,035,625 Joined:Apr 2007	Message Posted: Dec 12, 2012 1:39:48 AM Ignore findcheap Report Abuse that's a long way off
TBONE3 Champion Author Pennsylvania Posts:8,876 Points:2,003,150 Joined:Mar 2005	Message Posted: Dec 12, 2012 1:36:43 AM Ignore TBONE3 Report Abuse Time to buy Exxon stock??????
Retowered Champion Author Colorado Posts:8,707 Points:2,711,165 Joined:May 2004	Message Posted: Dec 12, 2012 1:36:25 AM Ignore Retowered Report Abuse Interesting.
metrojeep Champion Author Fort Worth Posts:2,394 Points:461,370 Joined:Feb 2012	Message Posted: Dec 12, 2012 1:34:54 AM Ignore metrojeep Report Abuse Time will tell
pricewar Champion Author Ogden Posts:2,070 Points:300,765 Joined:Jul 2012	Message Posted: Dec 12, 2012 1:33:12 AM Ignore pricewar Report Abuse 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 Posts:4,105 Points:811,380 Joined:Mar 2011	Message Posted: Dec 12, 2012 1:30:48 AM Ignore bart_reed Report Abuse It won't lower prices at the pump.
TWS658 Champion Author Portland Posts:4,543 Points:950,875 Joined:Sep 2005	Message Posted: Dec 12, 2012 1:29:23 AM Ignore TWS658 Report Abuse Interesting.
lgwhitlock Champion Author Chico Posts:7,515 Points:1,711,245 Joined:Jun 2008	Message Posted: Dec 12, 2012 1:28:52 AM Ignore lgwhitlock Report Abuse More speculation...
Bill100 Champion Author Grand Rapids Posts:41,733 Points:1,188,595 Joined:Jan 2010	Message Posted: Dec 12, 2012 1:27:43 AM Ignore Bill100 Report Abuse USA first and foremost.
Sam195 Champion Author San Bernardino Posts:8,220 Points:1,600,825 Joined:Oct 2008	Message Posted: Dec 12, 2012 1:10:36 AM Ignore Sam195 Report Abuse 2020 is the "near future"?
sprocketsplines Champion Author Washington Posts:1,803 Points:886,110 Joined:Oct 2010	Message Posted: Dec 12, 2012 1:09:14 AM Ignore sprocketsplines Report Abuse Just shows that commodities will be sold to the highest bidder in the global marketplace.
1Boog Champion Author Lincoln Posts:6,101 Points:1,225,925 Joined:May 2004	Message Posted: Dec 12, 2012 1:02:53 AM Ignore 1Boog Report Abuse do not export our energy to china!!
iFueler Champion Author Durham Posts:64,983 Points:204,050 Joined:Nov 2012	Message Posted: Dec 12, 2012 12:58:48 AM Ignore iFueler Report Abuse not surprising...
Topless2012 Champion Author Twin Cities Posts:2,563 Points:506,815 Joined:Jan 2012	Message Posted: Dec 12, 2012 12:57:53 AM Ignore Topless2012 Report Abuse Doing what they do best. Making money.
Ready Eddie Champion Author Twin Cities Posts:5,909 Points:1,369,495 Joined:Feb 2003	Message Posted: Dec 12, 2012 12:53:09 AM Ignore Ready Eddie Report Abuse Business.
MarAzul Champion Author London Posts:3,883 Points:701,935 Joined:Feb 2011	Message Posted: Dec 12, 2012 12:50:11 AM Ignore MarAzul Report Abuse NG will go sky rocket.
gamalerin Champion Author Tampa Posts:4,872 Points:1,018,060 Joined:Jul 2010	Message Posted: Dec 12, 2012 12:48:17 AM Ignore gamalerin Report Abuse We have to drill more.
SHEP20715 Champion Author Maryland Posts:8,609 Points:1,741,120 Joined:Nov 2007	Message Posted: Dec 12, 2012 12:47:09 AM Ignore SHEP20715 Report Abuse Since the oil ans gas companies own it, they will sell to the highest bidder
chuckwthompson Champion Author Charlotte Posts:3,885 Points:602,935 Joined:Sep 2011	Message Posted: Dec 12, 2012 12:43:34 AM Ignore chuckwthompson Report Abuse We need to keep OUR natural resources here at home.
abacus44 Champion Author Toms River Posts:3,595 Points:772,815 Joined:Jan 2011	Message Posted: Dec 12, 2012 12:42:08 AM Ignore abacus44 Report Abuse OK
frostyWV Champion Author West Virginia Posts:2,339 Points:519,235 Joined:May 2011	Message Posted: Dec 12, 2012 12:38:50 AM Ignore frostyWV Report Abuse money talks.
RENEGADEGAS Champion Author Missouri Posts:15,058 Points:1,616,875 Joined:Jul 2008	Message Posted: Dec 12, 2012 12:38:11 AM Ignore RENEGADEGAS Report Abuse 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 Posts:3,599 Points:621,360 Joined:May 2011	Message Posted: Dec 12, 2012 12:37:52 AM Ignore Ahking Report Abuse that's what they all say.
Happytalk Champion Author Pennsylvania Posts:2,266 Points:603,615 Joined:May 2010	Message Posted: Dec 12, 2012 12:35:26 AM Ignore Happytalk Report Abuse greed
defiancegasman Champion Author Ohio Posts:7,099 Points:1,327,520 Joined:May 2006	Message Posted: Dec 12, 2012 12:24:59 AM Ignore defiancegasman Report Abuse NOT while we are still inporting oil. Then put a surcharge on it!