Economists Predict Higher Natural Gas Prices with Increased LNG Imports
Posted on May 1, 2008 in Markets and Competition | Comments Off on Economists Predict Higher Natural Gas Prices with Increased LNG Imports
Two economists for the U.S. Federal Reserve Bank of Dallas predict that, as LNG imports to the United States increase, gas prices in the U.S. market will trend towards the higher prices seen in the global LNG market. According to Platts LNG Daily, the economists wrote that “[o]nce LNG imports become the marginal source of U.S. supply, much higher international natural gas prices should prevail.” [Subscription required]