LNG
Posted: Fri Sep 26, 2014 9:42 am
Read This: http://www.oilandgas360.com/u-s-lng-can ... 8-26401157
The U.S. natural gas market is going to be over-supplied for at least two more years. LNG exports will ramp up starting in 2016 and could reach 8 to 10 BCF per day by 2020.
Cheap natural gas in North America give the U.S., Canada and Mexico a HUGE advantage over the rest of the world. This cheap energy can offset cheap labor in Asian countries and bring a lot of jobs back to the U.S. This should be the focus of Washington's economic plan, but of course that would mean supporting a hydrocarbon based industry.
The U.S. natural gas market is going to be over-supplied for at least two more years. LNG exports will ramp up starting in 2016 and could reach 8 to 10 BCF per day by 2020.
Cheap natural gas in North America give the U.S., Canada and Mexico a HUGE advantage over the rest of the world. This cheap energy can offset cheap labor in Asian countries and bring a lot of jobs back to the U.S. This should be the focus of Washington's economic plan, but of course that would mean supporting a hydrocarbon based industry.