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LNG Exports: Big Oil vs Manufacturers vs Foreign LNG
January 20, 2013 | FuelFix

Many energy companies would like to export natural gas as LNG from the United States to countries where market prices are much higher. However, United States manufacturers object because they fear that LNG exports will raise domestic prices.

Not mentioned in the FuelFix article are: 1) many new conventional gas discoveries in Africa, Australia, South America and Indonesia that could compete with LNG exports from the United States; 2) the enormous untapped shale gas potential in other parts of the world; and, 3) natural gas throughout the world that is currently being flared. Will LNG export terminals for United States gas make economic sense five years from now?


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