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Reply #19: I'm afraid you've skipped a step. [View All]

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FBaggins Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-29-11 04:28 PM
Response to Reply #16
19. I'm afraid you've skipped a step.
If that was the price they were expecting, the "ship" would pay for iteself in the first year.

The article makes clear that the per-ton per-year price is consistent with other LNG projects.
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  -Shell Is Building the World's Largest Man-Made Floating Object n2doc  May-27-11 09:34 AM   #0 
  - interesting technology  shireen   May-27-11 09:51 AM   #1 
  - Shell says its ship will be able to withstand a category 5 typhoon.  Hassin Bin Sober   May-27-11 10:18 AM   #2 
  - That's a picture of the end-times...  GliderGuider   May-27-11 10:59 AM   #3 
  - +1  txlibdem   May-28-11 10:39 AM   #11 
  - YouTube has video (animation) of the proposed ship.  dixiegrrrrl   May-27-11 11:05 AM   #4 
  - It sure...  CJvR   May-27-11 11:50 AM   #5 
  - What could possibly go wrong......  pscot   May-27-11 12:02 PM   #6 
  - Can you say "peak natural gas," boys and girls?  XemaSab   May-27-11 02:37 PM   #7 
  - Not interested in marine engineering, are you.  intaglio   May-27-11 04:16 PM   #9 
  - I have more faith in computer modeling  XemaSab   May-27-11 04:42 PM   #10 
  - Can you elaborate?  FBaggins   May-28-11 06:16 PM   #13 
     - Shell is spending $10 - $13bn on the ship alone  intaglio   May-29-11 06:44 AM   #14 
     - Prices are so low in the US because there's a glut of the stuff.  FBaggins   May-29-11 07:30 AM   #15 
     - So Shell thinks they will lose $2,400 per tonne  intaglio   May-29-11 11:10 AM   #16 
        - I'm afraid you've skipped a step.  FBaggins   May-29-11 04:28 PM   #19 
           - Now, how does a $12bn ship pay for itself in 1 year?  intaglio   May-29-11 04:55 PM   #20 
              - It doesn't... That was my point.  FBaggins   May-29-11 06:46 PM   #21 
                 - But you said Shell would pay for the ship in the 1st year  intaglio   May-30-11 06:44 AM   #24 
                    - No... I didn't  FBaggins   May-30-11 06:51 AM   #25 
     - My first impression from the headline was that this was the beginning of a nightmare...  kristopher   May-29-11 11:38 AM   #18 
        - Yep. You're just about exactly right.  FBaggins   May-29-11 09:37 PM   #22 
     - The thing that I associate with a peak resource is that they're looking for it  XemaSab   May-29-11 11:13 PM   #23 
        - "Conventional" and "unconventional" change with time.  FBaggins   May-30-11 07:09 AM   #26 
           - It's all about net energy, baby.  GliderGuider   May-30-11 07:44 AM   #27 
  - Imagine of those man hours and money were funneled into renewable/green tech.  progressoid   May-27-11 03:30 PM   #8 
  - How many people could live on it if you took all the oil crap away and build apartments  txlibdem   May-28-11 02:44 PM   #12 
     - The collapsists talk about building "lifeboat communities", but  GliderGuider   May-29-11 11:35 AM   #17 
        - Why has there never been a movie made of "Snow Crash?"  XemaSab   May-30-11 02:06 PM   #28 
 

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