new thread - future pricing, page-8

Before everyone writes off anything that's not US, lets actually first see if they can get anything exporting out of the US or Canada (still at least several years away)

And then lets see how long HH can stay in the $4 mmBTU range. I work in a petchem consultancy in London, and the general opinion is that US gas prices will rise (as long as oil stays high) as if it stays too low then the US will just keep on building methanol, ammonia and GTL plants until oil/gas ratio is about 16 (as this is when GTL economics breakdown). Also additional industrial uses (ie the wave of new chemical projects) will provide a demand outlet in the longer run, putting upwards pressure on prices.

But the first step is to see if the US can export 1 drop of LNG.

Choice