LNG costs from us are cheaper to produce so puts us in a great position...unless they are going to shut every LNG joint in the USA...then that would make LNG even better poised. Contracts may be the key so the suppliers have a market. The question of course is will oil find a bottom and will oil rise to the $70 or $80 per barrel mark again any time in the next few years? Anyway it is 8m t less gas being created so that is a nice supply gap for LNG to fill.
LNG Price at posting:
$2.40 Sentiment: Buy Disclosure: Held