Lng Needs News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Now, the united states can do nothing in terms of creating a pipeline to all of these eastern european nations that are under -- >> like, hi, we are poland, we're a few kilometers from russia, we'll take our natural gas. >> that's exactly right. the only way you can get it across through permitting is through what we call lng, which is liquefied natural gas. it needs to be cooled, natural gas, to be transported as lng needs to be cooled to a minus 260 degrees fahrenheit then put in very, very carefully into very select containers that you can now transport overseas. this costs a lot of money. ...

Dan, you work in the hydrocarbon markets, you've been a trader on those desks. this critique, the argument coming from the right which,you have to drill more, that will reduce, that will disempower putin, what do you make of it? >> the russians have a major control, major influence on most of eastern europe through natural gas. we have to distinguish between natural gas which is a gas and crude oil which is a liquid. if you want to move a liquid from one place to another, you put it in a dixie cup, and move it anyway you like. natural gas has one way of being transported, through a pipeline. >...