Many would be buyers are not very nimble when it comes to secure volumes of LNG. No surprise here, as many are behaving like the BORG from Star Trek. We are the BORG – resistance is futile. But is that really a recipe for success?
Shale looks like LNG’s nemesis – on the surface at least. Look harder. It sure killed THE big hope of the LNG world – namely the prospect of the US becoming a premium LNG buyer. But this also has jump started LNG as a fuel.
It’s incredible how misunderstood Natural Gas and especially LNG is by the general public. It’s the solution to many of our problems (at least energy wise) and still it has a bad name. That’s a shame as this stuff is so incredibly cool, it would have to be invented if it did not exist already.
About 2 months ago I had written an open letter to president Obama. Here is his response. Right below it I explain why I think that LNG as a fuel is not just a blimp or a bridge technology as some like to call it. Its an energy earthquake and it will ring in a new paradigm shift.