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


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.

From other sites
Comments (8)
  • davidshelton
    , contributor
    Comments (363) | Send Message
     
    ....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 2013, 11:44 AM Reply Like
  • geologist
    , contributor
    Comments (576) | Send Message
     
    This could be a nice investment for Buffet with his special exclusive access to the white house?
    18 Jan 2013, 12:40 PM Reply Like
  • Mike Maher
    , contributor
    Comments (2862) | Send Message
     
    Are there any LNG carriers that operate on the spot market? All the ones I've researched have long term contracts.
    18 Jan 2013, 03:04 PM Reply Like
  • ronwagn
    , contributor
    Comments (868) | Send Message
     
    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 2013, 06:14 PM Reply Like
  • toncuz
    , contributor
    Comments (50) | Send Message
     
    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 2013, 08:02 PM Reply Like
  • Noquiche
    , contributor
    Comments (246) | Send Message
     
    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 2013, 12:36 AM Reply Like
  • Mike Maher
    , contributor
    Comments (2862) | Send Message
     
    Obama has done very little to support the energy development we are seeing. Try checking some facts.
    19 Jan 2013, 02:21 AM Reply Like
  • ronwagn
    , contributor
    Comments (868) | Send Message
     
    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 2013, 10:16 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
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