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More Than $21 Billion in North American LNG Production Projects Still Scheduled to Begin Construction in 2014, More to Come
Industry Segment: Production | Word Count: 1219 Words
SUGAR LAND--April 29, 2014--Written by Edward Weatherly for Industrial Info Resources (Sugar Land, Texas)--It has been more than half a century since the U.S. has been seen as an energy exporter, and even longer since it supplied large volumes of crude oil to its allies and other nations. Just 10 years ago, most thought the U.S. was in long-term decline and destined to import large volumes of natural gas for domestic use. Also, Canada's oil-sands-rich province of Alberta was facing volatile natural gas prices, which was the highest operational cost in the production of bitumen, and therefore, affected the viability of many of the proposed oil-sands projects there. What a difference shale plays and technology, made viable by high prices, can make in a decade.
Other companies featured - ConocoPhillips (NYSE:COP) Cheniere Energy's (NYSE:LNG) Noble Energy Incorporated (NYSE:NBL) Clean Energy Fuels Company (NASDAQ:CLNE) Dominion Resources (NYSE:D) Kinder Morgan Incorporated (NYSE:KMI) Sempra Energy (NYSE:SRE)
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