Using a conversion of 1 ton of LGN equals 8 barrels of oil, means about 56 million barrels of oil with 7 million tons of LGN. Easily keeps USA as a net exporter of energy.
That's interesting. I'm always looking crude oil and forget about natural gas / LNG. Thank you for reminding me. Also, the tea leaves suggest that the US LNG export trade will continue to do better and better.
Cheniere is more than half of the market, right now (adding Sabine and Corpus).
ReplyDeleteThat is interesting, isn't it? This is not an investment site, but the site can certainly point folks in certain directions.
DeleteUsing a conversion of 1 ton of LGN equals 8 barrels of oil, means about 56 million barrels of oil with 7 million tons of LGN. Easily keeps USA as a net exporter of energy.
ReplyDeleteThat's interesting. I'm always looking crude oil and forget about natural gas / LNG. Thank you for reminding me. Also, the tea leaves suggest that the US LNG export trade will continue to do better and better.
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