LNG Imports Lag Behind Demand: FERC Chairman

Law360, New York (November 6, 2007, 12:00 AM EST) -- U.S. Federal Energy Regulatory Commission Chairman Joseph T. Kelliher warned on Tuesday that the U.S. would have to rely increasingly on liquid natural gas imported from overseas to satisfy rising gas demand — and that it isn't importing enough yet.

“In my view, U.S. natural gas markets are undergoing a fundamental change,” Kelliher said in a speech kicking off the State of the Natural Gas Industry Conference. “[W]e are now at the point when North American gas production is inadequate to meet North American demand.”...
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