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Vol. 13, No. 50 Week of December 14, 2008
Providing coverage of Alaska and northern Canada's oil and gas industry


U.S. LNG imports halved by better Asian fuel bids

Cargoes from Atlantic basin steam east for better prices in Japan, Korea; U.S. surge in unconventional gas wells may mean long-term low prices in North America

Allen Baker

For Petroleum News

Imports of liquefied natural gas into the United States have all but fallen off a cliff this year. Total landings will be just 350 billion to 360 billion cubic feet for 2008, according to Energy Department analysts. Thatís less than half the amount the nation imported in 2007. Itís just a third of....

    [additional news subjects in this story]

Strong Asian demand

Summer price spike

No spare cargoes

Oil price link


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