In the April 2016 edition of MOGM, we look at the rise of natural gas market share and also the rise of natural gas prices. Natural gas is poised to make a big comeback in 2016 and the USA is poised to benefit from this more than any other country. The USA is the #1 natural gas producer in the world and Michigan has the #1 natural gas storage capacity of any state within the USA. Read this month’s MOGM to understand why natural gas prices are set to climb back above $3/mcf this year.
When FERC approved Cheniere to be the first licensed exporter of LNG in the USA, everyone took notice, including RMP. Now, 4 years later, Cheniere is about to start shipping LNG to customers in the UK, Spain, Korea, and India. Contracts have also been inked with companies in France for trains that come online in future years. Read this post to learn more and stay tuned for our upcoming interactive world map of LNG facilities.