“The gains in US production were primarily a function of the pairing of hydraulic fracturing with horizontal drilling, which turned a huge volume of natural gas resources into natural gas reserves for the first time. To understand why there is a rush to build LNG export terminals in the US, note that the shale gas boom has depressed natural gas prices in the US. This has helped create enormous price differentials with LNG prices in Europe and Southeast Asia.  In 2013 Japan was the fifth largest natural gas consumer in the world despite paying over $12 per million BTUs more than the spot price in the US. This has created a big incentive to ship US natural gas to markets in northeast Asia and Europe.”

http://www.investingdaily.com/20804/natural-gas-opportunities-for-mlp-investors-2/?cigx=d.kac,stid.55116,sid.818868,lid.7,mid.46730

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