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The longterm outlook for natural gas

from Forbes

It is hard to overstate the impact of the shale gas revolution in the U.S. In 2005, U.S. natural gas production had dropped below 50 billion cubic feet per day, and it was widely believed that the U.S. was set to become a growing importer of liquefied natural gas. In fact, a company called Cheniere Energy built a massive complex at Sabine Pass on the coast of Louisiana to handle what was expected to be a deluge of LNG imports. more


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