Seeking Alpha

U.S. could approve further LNG exports if prices stay stable, Bernstein says

U.S. approval each year of 1.5B-2B cf/day of liquefied natural gas export capacity would be palatable for consumers, but energy policy makers would quickly hit the brakes and stall further capacity expansions if prices rise too fast or too severely, Bernstein analysts believe.

Approving no more than 2B cf/day each year would mean 5B-8B cf/day of liquefaction capacity would be under construction at one time, allowing the government to monitor price impacts as exports layer in, the firm says.

Cheniere Energy (LNG), Sempra Energy (SRE) and Dominion Resources (D) are among companies seeking to build gas liquefaction plants so they can export the fuel to places such as Asia, where LNG costs are more than four times higher than U.S. gas prices.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs