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The John Batchelor Show

#Bestof2022: Seven weeks before the attack on Ukraine: US Natual Gas to the rescue: US becomes the No 1 LNG exporter. Bud Weinstein @SMUCox_MEI, SMU Cox School of Business. (Originally posted January 5, 2022)

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 7 January 2023

⏱️ 11 minutes

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#Bestof2022: Seven weeks before the attack on Ukraine: US Natual Gas to the rescue: US becomes the No 1 LNG exporter. Bud Weinstein @SMUCox_MEI, SMU Cox School of Business. (Originally posted January 5, 2022)

Bernard “Bud” Weinstein @SMUCox_MEI, McGuire Energy Institute, Southern Methodist University. Goodenough College, London.

Transcript

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0:00.0

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0:57.0

And inhibit the use of natural gas in new homes. That would be California's version.

1:03.2

After such and such a date, natural gas will no longer be used in heating or water supplies

1:09.7

for new homes. However, there are other uses for liquefied natural gas, for natural gas.

1:15.7

And one of them is liquefication. What do you do with it? I welcome Bud Weinstein. Retired

1:21.6

former economist for SMU Cox School of Business. But is my guide on energy sources. And we

1:29.5

have a lot of natural gas and now it's finding its way. But a very good evening to, and

1:34.8

last week spoke, there was a flotilla, even several flotillas of liquefied natural gas, ships

1:41.7

headed for Europe because the price was meteorically rising. You now bring to my attention

1:48.8

that the US has now achieved a landmark in liquefied natural gas. What does it mean

1:54.5

that we're now the world's top exporter? What is that success about? Good evening to you,

1:59.2

Bud.

2:00.2

Yes, good evening, John. Well, it's surprising, but maybe it's not so surprising. We know

2:05.8

the US as the world's number one producer of natural gas and lo and behold, we're now

2:10.4

the world's number one exporter of liquefied natural gas. If you're going to sell natural

2:16.4

gas abroad, you can't run a pipeline under the Pacific or the Atlantic Ocean, but you

2:21.4

can liquefied and put it in these specialized tankers and deliver huge cargoes around

...

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