Word: exportable
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Dates: during 2000-2009
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...those are only short-term fixes. For export-oriented Asian economies, the specter of a protracted U.S. recession remains daunting. Tommy Lam, owner of a garment factory in Dongguan, a Chinese city near Hong Kong, says that he has already seen a reduction in demand. "We're not getting the repeat orders we're supposed to get," Lam says...
...earlier this year, Palin missed an opportunity to help the US mainland obtain billions of cubic feet of natural gas from Alaska's Cook Inlet. Her support of an effort by major energy producers to export the fuel to more lucrative markets in Asia came just as a facility that will provide the first practical way to bring the state's natural gas to the lower 48 states was set to open on the Baja coast in Mexico...
...Alaskan LNG plant is owned by Marathon Oil and ConocoPhillips, which asked the Department of Energy in 2007 for permission to export about 100 billion cubic feet of gas to Asia over two years from the roughly 300 billion cubic feet of gas that is likely to be produced. The overseas connection not only provides an outlet for fuel produced beyond the limited needs of Alaska, it is highly profitable - LNG prices in the Pacific rim can run twice as high as those...
...time did Palin or her government cite the desire to preserve Alaskan gas for the lower 48 states. The Sempra terminal began operations just four months after Palin announced unconditional support for the Marathon and ConocoPhillips request and a month before DOE approved their plans to export gas to Asia. The development of the Mexico plant was well-known and much anticipated in energy circles...
According to Senator Ron Wyden, the Alaskan gas slated for Asia between 2009 and 2011 could meet the annual consumption of 1.4 million American families. The Oregon Democrat has accused Palin of a "major contradiction" between her support for gas exports and campaign emphasis on more drilling to slake US energy needs. "It's pretty outrageous to scare Americans about energy shortages while she has been approving export of billions of cubic feet of natural gas that could be providing energy to homes in Alaska and the lower 48 states," he said...