Spinning Liquid Gold

This article discusses the economic growth opportunities due to liquefied natural gas (LNG) in the United States. Advanced drilling and production techniques have given the United States more natural gas than its markets can handle. Converting that bounty into liquefied natural gas promises to transform the U.S. gas industry into a global energy power. LNG is the generally preferred form of natural gas for use in long-haul heavy-duty trucks, because liquefying it reduces volume. More fuel can be loaded into the tank. Local-use vehicles, which operate from a central yard, often use CNG. For LNG, the only serious limits that people are talking about today are related to infrastructure costs, particularly in the development of exports. Even if the international demand for LNG stays high, exports from the United States cannot happen for a few years because of the time needed for plant construction. Optimism reigns among players throughout the natural gas industry.