Analyst Says LNG Will Not Decrease Energy Costs
Contrary to popular belief, liquefied natural gas is not the inexpensive solution that many hope will ease North America’s energy shortfall, says Chris Theal, an analyst from Tristone Capital. “There’s a scarce amount of LNG in the market and it’s going to move where the highest bid is,” he said. An article in today’s Calgary Herald has the details. [Subscription required]