LNG's Potential Luster -

Liquefied natural gas has lost some luster. But its shine may soon return. While deflated natural gas prices are now making expensive investments in the super-cooled fuel less appealing, the demand for energy will eventually resume and therefore put pressure on national governments to find alternatives to coal.

So writes EnergyBiz Insider's esteemed Editor-in-Chief, Ken Silverstein. While it's good to see his interest in LNG, I wonder about his sources. Mine -- as noted in these spaces two months ago -- lean toward the view that shine may well be as an export over the next decade.

To my comments then, I'll add a bit of news from Chevron which notified FERC Sept. 30 it no longer planned to build an LNG import terminal in Mississippi and is reported to have sold its rights to the capacity of another Gulf Coast LNG terminal -- strange steps for the company that just undertook a major LNG export project in Australia.