-- LNG not magic bullet for US gas supply woes
Is LNG the answer to US natural gas supply woes?
Thanks to Federal Reserve Chairman Alan Greenspan's recent testimony before Congress, that has become the question of the moment. Projections of LNG import capacity doubling to 6 bcfd by 2007 were posited as the cure for future gas price spikes being alleviated only by demand destruction.
But the issue is more complicated than it seems.