Aren

The economic slowdown, falling prices and overwhelming onshore production aren’t enough to deter more liquefied natural gas (LNG) from arriving on North American shores beginning this year, an energy consultant said Thursday.

The days of $3/MMBtu natural gas may be gone, but with unconventional U.S. production economic at $6-7/MMBtu, medium-term domestic prices aren’t likely to match the $18-20 highs fetched by liquefied natural gas (LNG) cargoes overseas — which in turn could deter some LNG imports for as long as five years, according to energy analysts.

The days of $3/MMBtu natural gas may be gone, but with unconventional U.S. gas production becoming economic at $6-7/MMBtu, medium-term domestic prices aren’t likely to match the $18-20 highs fetched by liquefied natural gas (LNG) cargoes overseas — which in turn could deter some LNG imports for as long as five years, according to energy analysts.

Despite what Capitol Hill lawmakers, regulators and energy consumers may think, natural gas producers aren’t raking in the big bucks, said Chesapeake Energy CEO Aubrey McClendon last Thursday.

Despite what Capitol Hill lawmakers, regulators and energy consumers may think, natural gas producers aren’t raking in the big bucks, said Chesapeake Energy CEO Aubrey McClendon Thursday.

The natural gas industry needs to spend more time targeting members of Congress who aren’t traditionally viewed as energy-friendly, said a top staff member for Oklahoma Democrat Rep. Dan. Boren Thursday.

The natural gas industry needs to spend more time targeting members of Congress who aren’t traditionally viewed as energy-friendly, said a top staff member for Oklahoma Democrat Rep. Dan. Boren Thursday.

The Senate Commerce Committee on Thursday voted out a $353 million pipeline safety reauthorization bill to the Senate floor, but pipeline industry officials aren’t optimistic that legislation will clear both houses of Congress this year.

The Senate Commerce Committee last Thursday voted out a $353 million pipeline safety reauthorization bill to the Senate floor, but pipeline industry officials aren’t optimistic that legislation will clear both houses of Congress this year.