A new study by Georgia-based business-economics analyst Jon Gabrielsen concludes that North American trucking fleets and railroads should be cautious about making any big moves into liquefied natural gas (LNG) fuel – and away from diesel.
While the catchphrase is “crude-by-rail,” but Rick Webb, chief executive of Watco Companies, is quick to note that it is more than just crude being transported by rail in the new shale revolution.
While the future of natural gas looks bright, Dominion's Thomas Farrell III said that utilities needs to utilize all energy sources to meet future growth in electrical demand. He also said that the process for LNG exports needs to be sped up.
Charif Souki serves as chairman, chief executive and president of Cheniere Energy Inc. and Cheniere Energy Partners LP, which operate the Sabine Pass liquefied natural gas terminal in Louisiana
The midstream has never been as fast moving, dynamic or as active as it has been in the past few years, according to Sapient Global Markets' Dale St. Denis.
Exports will be the primary driver in the supply and demand pricing function for North American natural gas, refined products and natural gas liquids (NGL).