Concerns that Russia may cut natural gas supply to Europe as uncertainty mounts in Ukraine has triggered U.S. politicians to call for exports of U.S. natural gas to the continent so as to offset disruption. But TheStreet's Dan Dicker tells Joe Deaux that high export costs and a total lack of infrastructure to handle such a situation make this an impossible demand, right now. Plus, mass exports require companies to spend billions of dollars on projects that could take a decade to complete.
At the time of publication, Dicker was XXX, but positions can change at any time.
Dan Dicker has been a floor trader at the New York Mercantile Exchange with more than 25 years of oil trading experience. He is a licensed commodities trade adviser.
Dan is currently President of
a wealth management firm and is the author of
published in March of 2011 by John Wiley and Sons.
Dan Dicker has appeared as an energy analyst since 2002 with all the major financial news networks. He has lent his expertise in hundreds of live radio and television broadcasts on
US and UK and
Dan obtained a bachelor of arts degree from the State University of New York at Stony Brook in 1982.