Friday, May 12, 2017

LNG could be the next big thing

Could Liquid Natural Gas be the next big thing?  A deal by the Trump administration has lead many to believe that it could be.  The deal could open the door to massive export of LNG to China which would allow the United States to become a net exporter of the good.

The could provide a place for U.S. shale producers to dump the excess that has accumulated due to a second boom in the shale industry.  This would provide higher prices that would let profit margins raise for these companies and help provide more jobs across the country.

As long as Trump does not alter the deal and China doesn't add tariffs due to Trump wanting to change our trade deals with them.  This could be a really good deal for the U.S. companies.  



https://www.bloomberg.com/politics/articles/2017-05-12/trump-s-china-deal-gives-u-s-lng-a-boost-without-changing-rules

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