LNG in Alaska Could Be America's Best Bet
Liquefied natural gas exports have been part of the Alaskan energy industry for more than 40 years, but ExxonMobil , BP , and TransCanada have big plans to change that. These major players in Alaskan oil and gas are planning a $65 billion LNG facility that will export more than half of the total export capacity the U.S. has approved so far this year. Not only could this be a major win for America as it asserts its presence on the LNG map, but this new facility could be a major gain for Exxon, BP, and ConocoPhillips because it will finally give these companies the outlet to monetize large quantities of natural gas in the North Slope region of Alaska.
So, among the companies involved in this project, which will see the greatest benefit? Fool contributor Tyler Crowe has the answer. In this video, he explains why Alaskan LNG is so significant and which company has the best outlook.
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The article LNG in Alaska Could Be America's Best Bet originally appeared on Fool.com.
Fool contributors Aimee Duffy and Tyler Crowe have no position in any stocks mentioned. You can follow them on Twitter @TMFDuffy and @TylerCroweFool, respectively. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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