Watching Government: LNG rules

04/05/2004
Multinational oil and natural gas companies aren't the only ones with an LNG fixation. Regulators are following industry's lead and are trying to predict LNG's impact on future US natural gas markets."North America can no longer meet demand for natural gas at traditional price levels with indigenous resources," said a new report released by Wakefield, Mass.-based Energy Security Analysis Inc. "The US has already begun to depend on surging LNG imports for enough supplies to affect domestic gas prices."Recent responsesAs the gas market changes, regulators scramble to update LNG rules.The US Federal Energy and Regulatory Commission, in an industry-supported action last month, aff...
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