Liquid Natural Gas Investment Beats Oil Prices And Risks

If you're thinking of investing in oil-why not considerequivalent of an extra 1.7 billion barrels of oil per year!
liquid natural gas (LNG)?Up until recently, trapping natural gas, converting it to
Oil is running out. Oil prices are rising fast. Extracting oilLNG, and transporting it has not been economic
from other sources is possible. But LNG is a growingcompared to oil extraction. But the US government
cleaner source of energy that looks worth investing inhas looked, and is backing LNG initiatives. Suddenly
right now. Compared to oil, the world still possessesgiant energy companies like Shell Oil, and ExxonMobil
huge natural gas reserves .Corp are ready to invest $250 billion into the future of
The rising cost of oil is making natural gas sales muchLNG and lock in trade deals with countries rich in
more appealing - in many oil fields the gas is simplycheap gas, like Quatar where the largest natural gas
burnt off into the atmosphere as a waste product.fields in the world lie.
That is 2.5 TRILLION tons per year which could beLiquid natural gas is not environmentally popular in the
bringing in revenue and providing energy.West at present. There are worries about its
Developing countries like Nigeria and Bolivia areenvironmental impact and capacity for explosion.
becoming particularly aware of this. And they areHowever this is likely to change fast. Supporters argue
forging links with big multinational companies who canthe fact a LNG spillage,(unlike an oil slick) simply
provide infrastructuredissipates into the air .
Already, natural gas use is climbing. Liquid natural gasThe cold LNG is kept under much lower pressures
trade is growing much faster than oil trade. And so arethan natural gas, so the problems and dangers of high
natural gas prices, from two to three years ago. Thepressure pumping and release are largely removed.
changeover to greater natural gas use is justTerminals can be built in remote areas away from
beginning!population centers.
Natural gas is clean burning and easily liquefied byThe safety record of LNG transportation is much
cooling down to 1/600 of its bulk as a gas, and thenbetter than that of oil; insurance premiums won't inflate
becomes easily transportable as LNG via insulatedcosts.
pipeline or tanker.Natural gas can also be used to power electricity
Already, North Americas own gas is running out or toopower plants. The U.S., Europe, China, and India are all
expensive. However it plans to buy in from abroad.desperate for more oil and electricity. Estimates say
The U.S. is already on track to be the biggest LNGthat by 2025, we will have to use twice as much as
consumer in the world by the end of 2010.we do now. Fuelling power plants with LNG will provide
According to some analysts, within five years, LNGcheap electricity for years to come. Does this suggest
imports to the United States could provide the countrya good investment?
with as much as 16 percent of its natural gas, up fromEspecially over the next 2 or 3 years as LNG demand
just 3 percent today.triples?
Once the really more efficient liquid natural gasCheck out LNG now!
technology really comes online, that means the