Industry Studies Predict U.S. LNG Exports Will Raise Domestic Gas Prices Slightly in Coming Decades
Posted on Oct 14, 2011 in LNG Exports, Markets and Competition | Comments Off on Industry Studies Predict U.S. LNG Exports Will Raise Domestic Gas Prices Slightly in Coming Decades
Platts LNG Daily [subscription required] reports that several studies offered by LNG export proponents predict that U.S. LNG exports will raise Henry Hub natural gas prices by some 22 cents per MMBtu between 2016 and 2035. The studies also say that the export projects could create 100,000 jobs annually.