Earlier this year there were predictions for a large surge in LNG imports. While the shipments have started to come in, it's hasn't yet been the torrent some had expected.
U.S. daily LNG usage averaged 1.44 Bcf in Q2, according to Pritchard Capital Partners "well short of the earlier estimates that called for 3-5 Bcf a day." According to the Energy Information Administration the U.S. consumed 23.2 Tcf of natural gas in 2008, and is on track to consume around 22.5 Tcf in 2009. With reports of overseas liquefaction plants running..... Complete Story
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