Replies to This Discussion

Permalink Reply by LP on October 11, 2009 at 23:54

Not better for the US. These global companies plan to import LNG to the US market, and that will kill our domestic market prices.
I guess if we are stupid enough to buy imported gas when we have all the natural gas we need right here, we deserve the end result.

• ▶ Reply

Permalink Reply by sesport on October 12, 2009 at 18:04

Here's from Gazprom ...

http://www.forbes.com/2009/10/09/gazprom-natural-gas-business-energ...

"Our target for volume growth is pretty strong," says John Hattenberger, president of Gazprom Marketing & Trading USA, an arm of the Russian behemoth that claims 17% of the world’s natural gas reserves. "If we could hit 5% [of the U.S. market] in the next five years, that would be about right. In 10 years, I think we could get to 10%." U.S. demand for natural gas is about 60 billion cubic feet a day

• ▶ Reply