Energy Quote of the Day: LNG Exports and the Risk of Lost Opportunity
Breaking Energy 2013-07-26
Summary:
Investment bank Simmons & Co’s long-term forecasting envisions 12-20 billion cubic feet per day of incremental US natural gas demand by 2020, pushing total demand to 82-90 bcfd from around 70 bcfd this year. LNG exports are the biggest driver, adding 4.2-6.8 bcfd, followed by exports to Canada and Mexico (2.5-3.4 bcfd), power generation (3.2-5.6… Keep reading →
Tags: Canada, Department of Energy, LNG Exports, Mexico, Natural Gas, Natural Gas Demand, Power Generation, Simmons & Co., Transportation