“Don’t be surprised if US gas export profits leak away”: WSJ.

August 12, 2012 Gas 

Liam Denning: “The latest free lunch being peddled involves exporting U.S. natural gas. Don’t be surprised if it evaporates.” “Headline U.S. gas futures bounce around $3 per million British thermal units. Meanwhile, Japan imports liquefied natural gas, or LNG, for about $17. That spread is why companies such as Cheniere Energy are racing to build plants to export U.S. gas. But if “$3 in, $17 out” sounds too good to be true, that is because it is. While the economics of exports can make sense, they are no slam-dunk.”

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