LNG Poised to Take Off

Brown, Robert
March 2004
Chemical Market Reporter;3/22/2004, Vol. 265 Issue 12, pS17
Trade Publication
Over the past four years, prices for natural gas in North America have more than doubled their historical averages, sending energy bills skyrocketing. Now, however, relief could be on the horizon in the form of liquefied natural gas, which thanks to technological advances and soaring North American natural gas costs, is finally competitive in the U.S. With the bulk of the U.S. petrochemical industry based on natural gas as its source for both its feedstocks and energy, the long-term competitiveness of the industry has been called into question because of the step-change in natural gas pricing.


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