High Prices Should Encourage U.S. LNG Imports

According to Credit-Suisse, U.S. terminals should continue to import LNG at or near their recent record-setting levels through August 2007. The current estimated market price at the Cove Point terminal in Maryland is $7.42/MMBTU, more than double the UK price and nearly a dollar above the South Korean market. Bloomberg News (via Tulsa World) has the story.

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