1.0Climate Change Dispatchhttps://climatechangedispatch.comThomas Richardhttps://climatechangedispatch.com/author/ccdeditor/rich600338<blockquote class="wp-embedded-content" data-secret="dVJsTjHvvu"><a href="https://climatechangedispatch.com/texas-shale-gas-headed-for-europe/">Texas Shale Gas Headed For Europe</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://climatechangedispatch.com/texas-shale-gas-headed-for-europe/embed/#?secret=dVJsTjHvvu" width="600" height="338" title="“Texas Shale Gas Headed For Europe” — Climate Change Dispatch" data-secret="dVJsTjHvvu" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> Cheniere Energy has begun liquefying natural gas at its Sabine Pass terminal on the Texas-Louisiana border. The gas will be loaded onto a ship scheduled to travel overseas later this month. That's welcome news for Texas and U.S. gas producers. A glut of shale gas has depressed prices in the domestic market. Slower growth in China and South Korea have clouded prospects for LNG shipments from Alaska to Asia. That leaves Europe, where demand for natural gas remains strong —  and prices are much higher. --Jack Beavers, WFAA News, 4 January 2016 The worst fears of OPEC and Asian gas exporters are about to come true. U.S. shale drillers who pushed domestic crude production to a 45-year high and unlocked record amounts of natural gas are letting those supplies loose into global markets they were absent from for decades. The tanker of shale oil that shoved off from a Texas port on New Year's Eve and a shipment of liquefied natural gas that's prepared to set sail later this month will inaugurate a new era of competition among the world's largest energy producers. "Who would have thought we would be exporting both oil and LNG in the same month?" said Phil Flynn, senior market analyst at Price Futures Group in Chicago. "Fracking has changed the world." --Joe Carroll and Naureen Malik, Bloomberg, 4 January 2016https://climatechangedispatch.com/wp-content/uploads/images_pics8_shale_gas_plant.jpg