Michael,
The trade says that LNG imports make sense if the domestic price of gas is around $5.00 mcf. It has been above that level for a year or so, after trading "normally" from $2.50 to 3.50 in recent years.
Gene Coyle
Michael Perelman wrote:
I had my realized before your last message that so much was being imported. How expensive is the liquefaction and then transportation of the natural gas? -- Michael Perelman Economics Department California State University Chico, CA 95929
Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu
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