Natural Gas prices have been in decline and that is having an effect on shipments of LNG. Bloomberg reports that LNG tankers are heading to Europe as prices in America slump. Every weekly inventory report seems to be showing a rise in supplies and that is likely to continue until the fall. Economic conditions are also putting pressure on natural gas prices.
To read the Bloomberg article, please click here:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aR1kAu5jfZo0&pos=7
Jim Sutliff