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Showing posts with label Cheniere Energy Inc. Show all posts
Showing posts with label Cheniere Energy Inc. Show all posts

Thursday, January 3, 2013

Exporting Nat Gas, The Future of Energy?

http://www.cnbc.com/id/100353101

Exporting Nat Gas, The Future of Energy?

Published: Thursday, 3 Jan 2013 | 6:27 PM ET
By: Lee Brodie

The abundance of nat gas in the United States has turned into an embarrassment of riches.

But, because of the enormous supply, prices have languished.

"Here in the US it sells for less than four bucks per thousand cubic feet," Cramer explained. "But the rest of the world? Natural gas sells for $12 to $15 per thousand cubic feet in Europe and Asia."