[KarlInOhio]

“Such mispricing simply cannot occur in an efficient market,” says Rahemtulla.

But the market is not efficient (luckily for us) because we produce a lot of natural gas and have almost no export capability. Even if they wanted to, the Europeans can't buy our gas to compete with Russian gas.

[haffast]

UK to Get LNG From Texas Under Exxon Deal
May 10th, 2013
http://www.naturalgaseurope.com/lng-deals-smoothed-11438

Under New Approval, More Natural Gas Will Be Sent Abroad From Texas
May 17, 2013 | 1:10 PM
https://stateimpact.npr.org/texas/2013/05/17/under-new-approval-more-natural-gas-will-be-sent-abroad-from-texas/

[DrGunsforHands]

I thought we did have the capability. Or is it that the infrastructure is just not yet in place?

[Eric in the Ozarks]

While the Euros are talking CO2 restrictions, they’re importing high sulfur residual oil to fire their power plants. The $15 MM provides an opportunity for US oil to move to the Med, Singapore, Japan...