dan dicker, he s the author of oil s endless bid. i want to talk about why this is a bad argument because despite the fact your appearance on this show refuting it happened last week, people are still making it which i can t make heads nor tails of. but, quickly, it s amazing to me this guy from the coal state is saying, frack more, drill everywhere, which is killing coal in kentucky. unless rand paul wants to see exxon or chevron become state-run entities, you have to do something that s profitable in order to get them to do it. and transporting lng to europe is so intensely unprofitable. it looks like it should be profitable, and it might be right now, but the chances of the expense that you re going to take on to try and build these export plans and then finally get to a market state seven or eight years down the road yes. where it works, and you can make this money back over the course of time, nobody wants to do this.
interrupted from ukraine. joining me now, oil trader dan dicker, author of oil s endless bid. i want to talk about why this is a bad argument because despite the fact your appearance on this show refuting it happened last week, people are still making it which i can t make heads nor tails of. quickly, it s amazing to me this guy from the coal state is saying, frack more, drill everywhere, which is killing coal in kentucky. unless rand paul wants to see exxon or chevron become state-run entities, you have to do something that s profitable in order to get them to do it. transporting lng to europe is so intensely unprofitable. it looks like it should be profitable, and it might be right now, but the chances of the expense that you re going to take on to try and build these export plans, and then finally get to a market state seven or eight years down the road yes. where it works and you can make this money back over the
export plans, and then finally get to a market state seven or eight years down the road yes. where it works and you can make this money back over the course of time, nobody wants to do this. in fact, we had a major oil company, apache, run way from a british columbia lng plant because it s not profitable and not going to be. it s not anywhere there s no way, shape or form you re going to get a major oil company to commit to making a long-term plan for lng fuel. here s the key and irony i want to highlight. what you re saying are these great friends of the free market, right, the rand pauls of the world and every republican politician you can find, democrats, too, there are democrats doing this as well. saying this is a solution. we need to ship our frack gas to europe. these are the policymakers. you re saying the market is looking at it and saying, not on your life. exactly. in fact, to show you how bad an idea it is, the only place where it s pushed forward is in a plac