Stabilizer

Greenspan Sees LNG as Back-Up Source to U.S. Production, Price Stabilizer

Federal Reserve Chairman Alan Greenspan last Thursday appeared to have altered his message on liquefied natural gas (LNG) in his second appearance before Congress in less than a month, saying the United States should look to LNG primarily as a secondary, peak-shaving fuel when domestic gas sources fall short of demand.

July 14, 2003