Sunday, May 27, 2012

A Great Take on the Impact of U.S. LNG on the World Market

Here is an interesting commentary in Forbes on the potential impact of U.S. LNG on the dynamics of the world natural gas market.  It's a good read, sort of written in a Jack Kerouac "On the Road" style, but it is full of interesting thoughts about world gas markets.  It doesn't fail to amuse me that because gas sells for $2.50/MMBtu in the U.S. these days and upwards of $20/MMBtu in Asia, North America could become an exporter of "cheap gas" to Asia.  Sort of the reverse of what has happened over the past several decades in manufacturing.

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