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Frontlines

The United States must turn overseas for natural gas supplies, in spite of worries about energy independence.
Fortnightly Magazine - July 1 2003

says. And, now that El Paso has exited the LNG business, this approach to building and operating LNG terminals might go untested for some time, EIA says.

Given that prices for gas are high and that the hydrogen economy or even a transatlantic pipeline technology never before seen is long off, LNG terminals will have to be built and financing will have to made available. Otherwise, the only answer to high gas prices will be that of Energy Secretary Spencer Abraham: conservation.

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