Why America’s Missing Out on the Billion-Dollar Global LNG Game

Mb50's "Liquid Mud" Rant

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By Keith Schaefer
Sun, 08 April 2012 14:59

The fast-growing Liquid Natural Gas (LNG) market is creating serious wealth around the world.

So who is profiting the most right now – and who will profit most in the coming years?

In short, it’s Australia.

The country is already the #4 exporter of LNG in the world.  Seven new plants are in various stages of planning and development – That translates to roughly $200 billion in capital investment… and an enormous number of jobs.

Now let’s look at the U.S. in the context of LNG.

America as you probably know produces massive amounts of natural gas. Yet is exports a surprisingly small amount of the resource abroad.

Both countries are close to markets – Australia is closer to Asia, which imports vast quantities of LNG, but the U.S. is also relatively close to these markets and closer to Europe, which…

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