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Natural Gas Prices Impacting Louisiana

The Advocate discusses the impact of high natural gas prices on industry in the southeastern United States and specifically on the chemical industry, reporting that some companies have closed their Louisiana plants or moved to countries where inexpensive
May 2, 2006

The Advocate discusses the impact of high natural gas prices on industry in the southeastern United States and specifically on the chemical industry, reporting that some companies have closed their Louisiana plants or moved to countries where inexpensive gas is available. The article also notes that only 3% of U.S. natural gas consumption is supplied by imports of LNG from countries where gas is significantly cheaper than in the U.S., contributing to sustained high natural gas prices in the United States. Today’s Energy Central Professional carries the article. [Subscription required]

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