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Global prices for liquefied natural gas are rising toward record highs this year as increasing...

  • Friday, January 18, 11:39 AM ET
    Global prices for liquefied natural gas are rising toward record highs this year as increasing demand runs up against tightening supply, threatening to drive up fuel costs in some of the world’s biggest economies. With 80% of global LNG supplies locked up under long-term contracts, countries such as China, India, Brazil and Argentina that rely on short-term deals could face the biggest hit.
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This news story has 8 comments:

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    ....and gas is still so cheap in N.America and new pipelines face such big hurdles. I can't imagine how frustrating it must have been for N.American gas producers. Interesting times....
    18 Jan, 11:44 AM Reply Like
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    This could be a nice investment for Buffet with his special exclusive access to the white house?
    18 Jan, 12:40 PM Reply Like
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    Are there any LNG carriers that operate on the spot market? All the ones I've researched have long term contracts.
    18 Jan, 03:04 PM Reply Like
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    We should have a boom built around conversions and exporting, but we do not have the freedom to do it. The government stands in the way. Am I wrong?
    18 Jan, 06:14 PM Reply Like
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    The US is fast becoming the energy capital of the world under Obama, when all the "conservatives" were screaming "he won't let us drill or do anything, waahhh waahhh".
    18 Jan, 08:02 PM Reply Like
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    At this point we are only the potential energy capital of the world. This is not a political statement..I am just saying Washington needs to get off their butts and unleash the beast.
    19 Jan, 12:36 AM Reply Like
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    Obama has done very little to support the energy development we are seeing. Try checking some facts.
    19 Jan, 02:21 AM Reply Like
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    He is still letting the EPA stifle CNG vehicles with hefty fees, fines etc.
    He has chosen a very liberal environmentalist for the Senate Committee on the Environment. Ron Wyden is a real concern regarding LNG exports, and general aggravation. We will see if he is reasonable, or a greenmailer. Obama has had nothing to do with the success of fracking or any other energy growth that has been successful withou being costly to the taxpayer overall. He has still not approved the XL pipeline, and that is costing us jobs daily.
    18 Jan, 10:16 PM Reply Like
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