Why Export LNG When It's Worth Some Much More in Your Vehicle?
Today, we discuss the cost trade-off between exporting liquefied natural gas (LNG) overseas, and keeping the low cost fuel at home. The political narrative discusses the potential cut in carbon emissions by using natural gas as our main source of electric generation, as well as lowering our electric input costs, leading to a renaissance in the manufacturing, chemicals, and fertilizer industries. But what about the cost trade-off by using natural gas as a fuel source to power vehicles? In a recent Politico article, Don't Send America's Natural Gas to Ukraine, author Gal Luft takes a unique look at the economic trade off between exporting liquefied natural gas and using the fuel to power domestic vehicles. Could this idea work in reality?
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This segment is from Tuesday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors: @TMFEnergy.
The article Why Export LNG When It's Worth Some Much More in Your Vehicle? originally appeared on Fool.com.Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. 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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