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A stretch of coastline on the Texas-Louisiana border provides a startling glimpse of Europe s energy future. There, where Lake Sabine empties into the Gulf of Mexico, a giant port was completed last year. Built at a cost of $1.5 billion (900m), it was meant to be a vital new part of America s energy infrastructure.

Giant tankers from places such as Qatar and Sakhalin island in Russia s far east were meant to dock there to inject their cargoes of liquefied natural gas (LNG) straight into the national pipeline network.

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By Sen. Mark Udall and T. Boone Pickens

Too often in Congress, and in our political debate, people stake out a position and, in the course of defending that position, refuse to credit anything their opponent is saying. We ve all seen that.

When it comes to passing a clean energy plan for the United States, we need to take a broader, longer look at all of the tools we have at our disposal to accomplish two very important goals: Enhancing national security and reducing our dependency on foreign oil.

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A former Bank of Montreal natural gas trader will pay a $500,000 fine as part of an agreement settling charges that he mismarked and misvalued the bankrsquo;s gas options book and deceived the bank, the US Commodity Futures Trading Commission .......

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Aramco will also increase its daily supplies in ethane to 1 billion cubic feet and those of liquefied natural gas (LNG) to 850,000 barrels, Al-Hayat quoted him as saying.

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The Cavalry is not coming to the rescue us from our wasteful lifestyles

According to an article this week in the UK s Guardian Newspaper a whistleblower at the International Energy Agency said that the US pressured the agency to be complicit in underplaying the increasing decline of global oil reserves.

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Azerbaijanrsquo;s State Oil Co. of the Azerbaijan Republic (SOCAR), following the signing of a similar agreement with Russiarsquo;s OAO Gazprom last month, has signed a memorandum of understanding to supply natural gas to National Iranian Gas.......

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The mainland supplies at least 95 percent of the world"s rare earths - 17 chemical elements with names such as praseodymium and yttrium - essential for a wide range of high-tech devices and green technologies.

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Kansai Electric Power Co., which already has resold at least three LNG cargoes since last fall, will seek the contractual right to divert future surplus cargoes in new talks with suppliers.

But in 2008, the agency didn t include unconventional gas that is, gas from shale, tight sands, and coalbed methane -- in its estimate of recoverable gas resources. The IEA s latest report provides further proof that the shale gas revolution necessitates a re-thinking of our approach to natural gas, and therefore, energy policy.

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BEIJING, (Reuters) - Central and eastern Chinese provinces faced the worst natural gas shortage in years as supplies were diverted to snowstorm-hit northern China, while producers lacked incentives to expand output because of poor margins, a state broadcaster said on Tuesday.

Gas supplies for taxis in Wuhan, capital of the central province of Hubei, were halted from Monday while 11 industrial companies in Hanzhou, capital of eastern Zhejiang province, were shut as a result of gas shortages, China National Radio said.

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