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Tuesday, July 31, 2012

Trans Canada & Exxon are planning to build yet another pipeline

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Trans Canada and Exxon are planning to build yet another pipeline in Alaska. But this pipeline will not carry crude, but will instead carry natural gas.

They have proposed two different routes for their pipeline-- one would have it going to Alberta (where it would link up with Trans Canada North America system), the other would have it going to the port city of Valdez, Alaska. While on its face going to Valdez may have you scratching your head, so I must explain further.

See LNG (Liquified Natural Gas) can be transported by ship. In fact my cousin worked for Conocophillips fur the Chinese in Qatar on the very plant which makes this possible. From my understanding of the process, they super-cool the gas down and then put it under tremendous pressure, and voila it can then be transported by ship, rail, and I am assuming truck.

What gets me about this is really quite simple. The fossil fuel industry is still trying rape American landscape of its natural wealth. And for what-- so that they can supply China and Asia with cheap natural gas?

Now Trans Canada has gone on record as saying Canada's suppliers of natural gas have curtailed production because the natural gas prices are so low-- then why do they want to take it from America while it is so low? Well I am certain they have their eye on the huge Asian market for this LNG. China in particular if I had to guess. So we will just wait and see what Trans Canada and Exxon do in this regard.

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