Getting Rich in the Natural Gas, Coal & Oil Patch

[Aman A.K.A. Ahamburger]

The LNG market just got a huge boost. This is going to be a huge market going forward. Really cool story here.

Gas plant to be largest floating manmade object:
www.msnbc.msn.com/id/43105520/ns/world_news-asia_pacific/t/gas-plant-be-largest-floating-manmade-object/

Energy company Royal Dutch Shell has made a final decision to construct what it claims will be the world's largest floating manmade object: a massive natural gas plant off the Australian coast.

Shell said the facility, to be built in a South Korean shipyard, will be longer than six football fields and made of 260,000 tons of steel — five times more than Sydney's famed harbor bridge or about six times as much as the largest aircraft carrier.

The company claimed Friday that the "Prelude" liquefied natural gas plant will operate for 25 years, and can withstand the worst hurricanes.

Shell did not say how much it will cost to build. It expects the structure to come online around 2017.

The facility is designed to take in the equivalent of 110,000 barrels per day in gas from undersea fields 125 miles off the coast and cool it into liquefied natural gas, known as LNG.

"This is going to be a seal of confidence in the idea of floating LNG," said Tony Regan, analyst at Tri-Zen Capital in Singapore.

Up until now, the liquefaction of offshore gas has involved piping the gas to a land-based plant.

With the approval of Prelude, Shell joins a raft of other LNG project developers scrambling to meet rapidly growing Asian demand, particularly from China and India.

There is also increased LNG demand from Japan after the devastating March tsunami there took several nuclear reactors offline and most recently prompted Japan's Chubu Electric Power Co to shut its two operating nuclear reactors at the Hamaoka plant.

Japan has increased its LNG imports after shutting down nuclear capacity in the wake of the earthquake and tsunami this year.

China imported just over 9 million tonnes of LNG in 2010, but its consumption is expected to rocket five-fold to 46 million tonnes by 2020.

Australia currently has around A$200 billion ($213 billion) worth of LNG projects on the drawing board. The industry aims to triple current production to 60 million tons a year by 2020.

[Aman A.K.A. Ahamburger]

So this is really going to be a game changer, we are on the way to moving LNG around in a viable way!

[Aman A.K.A. Ahamburger]

It's interesting that you bring that up sunrnr, I just read this last night.. Things are looking better all the time it would seem.

Feds OK export of liquefied natural gas:
www.pittsburghlive.com/x/pittsburghtrib/business/s_738254.html

[Aman A.K.A. Ahamburger]

I think your right sunrnr!

That's interesting pat.. That means this announcement means lots of jobs in the future.

[tyfighter3]

At least they are starting in the right direction.
www.ogj.com/index/article-display.articles.oil-gas-journal.volume-109.issue-21.general-interest.us-senate-rejects-bill-aimed-at-five-majors.html.html

[Aman A.K.A. Ahamburger]

May 24, 2011 0:09:56 GMT -5 @patstab said:

None of the jobs generated will be for us. Of hubbies company only about 100 were there and now the job is completed.

The ships will be built by other countries also.

IDK about that pat, maybe not the the indusrty right now, as you have given us some insigt on the current situation in NA. Thank you.

However, as it grows there will be jobs working the patches, drivng truck, chanigng gas stations to nat gas stations.

The people that have to servce all the equipment are here, plus all the people that will work in the srvice industry that will support the people working in the industry.

There are alot of ships already built, so your right about where they ships will come from.

[Aman A.K.A. Ahamburger]

It's time to set sail captain! ;D

The bat is out late tonight.. nice!

[jarhead1976]

Keep your eye on Company's investing in and using CH4. Volvo has been using it since 1995. I am banking on it.

[dumdeedoe]

We need the ships to transport the gas to make a market...............

My oil based investments(oil,railroad,fertilizer) have been doing ok all expect Hrz (a container ship company) It just got blown out of the water and I was lucky to sell at a 40% loss..... It must be one of the worst managed companies it the world.. sector projects 40% gains over the next 2 years and hrz is sinking like a rock....

[Aman A.K.A. Ahamburger]

That sucks doe. Mismanagement is the worst.

I want to bring this question here from a different thread..

So what is this LNG plant going to do? They claim it is changing the game in NAT GAS shipping.

[bimetalaupt]

Jun 4, 2011 22:05:53 GMT -5 Aman A.K.A. Ahamburger said:

That sucks doe. Mismanagement is the worst.

I want to bring this question here from a different thread..

So what is this LNG plant going to do? They claim it is changing the game in NAT GAS shipping.

When I was a child you could see flairs in all directions from Odessa,TX.. Just burned the natural Gas with no use.. Later they used a little in "one lung Poppers" to power the pump jacks before Texas Utility started the largest Power Plant I had seen ( at the time) to burn NG.. It was almost Free power.

Now Germany is going for the same cheap Methane for power to replace Nuclear power. Shell has a plant to produce very high quality Synthetic Diesel from Methane. Dow Chemical makes Methyl Chloride from NG and Bruce makes a lot of FIAT MONEY FROM THE WEST TEXAS DEEP GAS.. Did I say they are also making a lot of money from the next generation FRACK jobs.

MY POINT IS THE SA GOVERNMENT OWN OIL COMPANY WILL TRY TO REDUCE OIL PRICES TO $70 TO 80 TO PREVENT THE INCREASE IN ALTERNATIVE ENERGY.. LIKE CNG OR WIND POWER.. I BET ON SHELL ON THIS ONE ... METHANE IS ONE STEP SHORTER THEN COAL.. THAT IS THEN CONVERTED INTO METHANE (A.G.FARBER)..

JUST A THOUGHT,
BI Metal Au Pt

Attachments:

[Aman A.K.A. Ahamburger]

Thanks BTI, I'm going to absorb all that and get back to you..

BTI=

[tyfighter3]

Oil Exec's are still bullish for the rest of the year.
www.ogj.com/index/article-display/3343033691/articles/oil-gas-journal/general-interest-2/economics-markets/20100/may-2011/kpmg_-most_oil_execs.html?cmpid=EnlDailyMay262011

[Aman A.K.A. Ahamburger]

Bruce makes a lot of FIAT MONEY FROM THE WEST TEXAS DEEP GAS.. Did I say they are also making a lot of money from the next generation FRACK jobs.

That's why is a

So this sucker is going to ship diesel and cheap CNG into the Asian markets right offshore and the WEST get the FIAT... Yeah B!

Shipping COSTS less FIAT, nice try HUGO!!

[Aman A.K.A. Ahamburger]

LNG Export: A U.S. Natural Gas Game Changer?
community.nasdaq.com/News/2011-06/lng-export-a-us-natural-gas-game-changer.aspx?storyid=79079

[Aman A.K.A. Ahamburger]

Good call on Germany going to NG !

Gas the Winner as Europe Rejects Nuclear: Analyst
www.cnbc.com/id/43323094

[bimetalaupt]

THE INTERESTING PART OF METHANE IS NOT ALL THE METHANE IS IN THE GROUND.. WE HAVE HUGE AMOUNTS IN A ICE CALLED METHANE HYDRATE AT THE BOTTOM OF THE SEA...
Methane Hydrates

Methane hydrates are the most recent form of unconventional natural gas to be discovered and researched. These interesting formations are made up of a lattice of frozen water, which forms a sort of 'cage' around molecules of methane. These hydrates look like melting snow and were first discovered in permafrost regions of the Arctic. However, research into methane hydrates has revealed that they may be much more plentiful than first expected. Estimates range anywhere from 7,000 Tcf to over 73,000 Tcf. In fact, the USGS estimates that methane hydrates may contain more organic carbon than the world's coal, oil, and conventional natural gas - combined. However, research into methane hydrates is still in its infancy. It is not known what kind of effects the extraction of methane hydrates may have on the natural carbon cycle or on the environment.
A Methane Hydrate Molecule
Source: USGS

Unconventional natural gas constitutes a large proportion of the natural gas that is left to be extracted in North America, and is playing an ever-increasing role in supplementing the nation's natural gas supply. As technology advances and new methods of extracting and using this natural gas are developed, the resource potential of unconventional natural gas is enormous.

[Aman A.K.A. Ahamburger]

I LUV IT!!! Whenever the end is nigh, the earth shows us a new path.. Thanks for the info BTI!

in fact, the USGS estimates that methane hydrates may contain more organic carbon than the world's coal, oil, and conventional natural gas - combined.

[Aman A.K.A. Ahamburger]

Alternative Fuel Found? Natural Gas May Hold Key to Lower Prices at the Pump
www.news-register.net/page/content.detail/id/556071/Alternative-Fuel-Found--Natural-Gas-May-Hold-Key-to-Lower-Prices-at-the-Pump.html?nav=515

[jarhead1976]

Aman I have been talking about NG for some time now ..... sigh .... Bruce get s the credit .. That hurts man! lol

[tyfighter3]

We have all been talking about this for years now. NG could replace the oil we buy from outside this country and then we could use the oil we produce here for the rest of or needs. I like keeping our hard earned money in this Country and putting it back to work here. WIN WIN

[jarhead1976]

I agree tyfighter, so much could be done to improve our own situation and get away from dependence on foreign oil.

[tyfighter3]

WXYZ, I agree.

[Aman A.K.A. Ahamburger]

LOL, sorry jarhead, it wasn't slight to anyone, just the Bruce was saying that Germany was going to go natural gas and now that is what the talking head are saying. k4u!

I believe that you have been talking about this for years because it makes sense. Doesn't it get you guys excited to see all fracking, and announcement of all these reserves that are going to be developed? The clean coal plants, ect? That plan your talking about wxyz, was called let the ME suck themselves dry and make our enemies be part of the business world because if we don't get their people on our side, right now it's not a sever recession that we would have had, its called all these billions of people would be coming after the riches nation in the world, not after their own leaders. The USA isn't an empire because it has help all others become wealthy., Go to the first post of my theory thread..

These technichics cost huge FIAT, and are now just possible because of current technology and we are on the forefornt of getting this shit up and keeping nature in balance so we don't all end up with caner and three legs.

I'm glad that all you people are here, because I listen to all my elders and mix it together.. Bruce is already making FIAT fracking deep Texas oil and gas, and solutions will come out these discussion because of who is involved. Most people that post around here have a brain.

[jarhead1976]

Aman I am just just messing with ya. I agree there is nothing the American spirit can not accomplish when faced with a problem. We as a nation , when faced with such overwhelming odds always find opportunity in solution's. If we could get control of government and allow freedom to win the day. We are unstoppable.. The Amish have been using it for year's. NG that is.

[Aman A.K.A. Ahamburger]

Luv it jarhead!

I hear you about the Amish, wasn't their oil on the battlefield at Falkirk?

[Aman A.K.A. Ahamburger]

This is what we like to see.

Natural gas plant dedicated in Peach Bottom Twp.
www.yorkdispatch.com/ci_18270700?source=most_viewed

The York Energy Center is a combined-cycle facility that uses advanced technology to integrate combustion and steam turbines. The plant generates electricity first through a natural gas turbine, then uses heat from that process to create steam that drives another turbine.

[Aman A.K.A. Ahamburger]

Jun 4, 2011 23:17:43 GMT -5 bimetalaupt said:

Jun 4, 2011 22:05:53 GMT -5 Aman A.K.A. Ahamburger said:

That sucks doe. Mismanagement is the worst.

I want to bring this question here from a different thread..

So what is this LNG plant going to do? They claim it is changing the game in NAT GAS shipping.

When I was a child you could see flairs in all directions from Odessa,TX.. Just burned the natural Gas with no use.. Later they used a little in "one lung Poppers" to power the pump jacks before Texas Utility started the largest Power Plant I had seen ( at the time) to burn NG.. It was almost Free power.

Now Germany is going for the same cheap Methane for power to replace Nuclear power. Shell has a plant to produce very high quality Synthetic Diesel from Methane. Dow Chemical makes Methyl Chloride from NG and Bruce makes a lot of FIAT MONEY FROM THE WEST TEXAS DEEP GAS.. Did I say they are also making a lot of money from the next generation FRACK jobs.

MY POINT IS THE SA GOVERNMENT OWN OIL COMPANY WILL TRY TO REDUCE OIL PRICES TO $70 TO 80 TO PREVENT THE INCREASE IN ALTERNATIVE ENERGY.. LIKE CNG OR WIND POWER.. I BET ON SHELL ON THIS ONE ... METHANE IS ONE STEP SHORTER THEN COAL.. THAT IS THEN CONVERTED INTO METHANE (A.G.FARBER)..

JUST A THOUGHT,
BI Metal Au Pt

Here is the reference about the SA government. Also, you did mention wind Bruce, should have known, I luv the turbines too.

[jarhead1976]

Gas wells as shallow as 300 ft in Southern and north eastern Ohio and western Pennsylvania!

[verrip1]

Watch for the US pipeline and storage companies to just go berserk as NG usage grows, particularly the MLPs with their distributions as well as growth.