Congressman Ted Poe says LNG boom benefits the state, encourages export

Posted on Friday, April 11th, 2014 at 2:39 pm    

Congressman Ted Poe recently stated that the natural gas boom is benefiting the local economy in Houston, and says Texas can potentially be the “Saudi Arabia of natural gas,” according to an online report released Monday, April 7.

In a speech delivered during the Houston Northwest Chamber of Commerce and Economic forum, Poe said Texas has more than liquefied natural gas (LNG) than it can use, and added that the state’s goal should be “to export the rest.” Poe also dubbed the Port of Houston, which is currently undergoing a $150 million-worth of dredging to hike docking capacity, as a potential LNG terminal site.

Texans are indeed in a very beneficial position to get the most out of the U.S. LNG boom. If you too are planning to take advantage of this industry, The Mineral Auction has the resources and the experience to help you sell your mineral rights at the best possible price. You may reach us anytime at (512) 698-2802.

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