Consultant: Increased LNG Imports Could Limit U.S. Natural Gas Price Increases
Posted on Oct 27, 2009 in Markets and Competition | Comments Off on Consultant: Increased LNG Imports Could Limit U.S. Natural Gas Price Increases
Steven Johnson, president of energy consulting firm Waterborne Energy Inc., told the Wall Street Journal that the expected increase of LNG deliveries to U.S. import terminals in the coming months will create downward pressure on U.S. natural gas prices. The piece notes that, although colder winter weather usually depletes natural gas inventories, the availability of moderately priced LNG supplies could limit increases in U.S. gas prices. [Subscription required]