With the U.S. oil industry continuing to wallow in oil’s ongoing price deficits as 2017 gets underway, liquid natural gas is positioned to become the pleasant fossil-fuel surprise during the year.
Unknown to most is that 2017 will be the first time in 60 years that America will sell more natural gas volume worldwide than it has bought. It’s expected that LNG chilled to 260° F so that it can be shipped by tanker will have doubled over the past year to 32 billion cubic ft. per day.