It just took a couple of weeks of rising prices in Asian LNG for the LNG industry to drink the Kool-Aid again. They still want to believe in runaway Asian markets that will swallow anything they can throw at them. Skip developing better markets. Skip making LNG sexy. Skip showing the world that the CC BS gets them into a miserable life and that LNG is ultra-clean. As long as the LNG world acts as foolishly, it will always be boom-bust-bust.
Asian spot prices for liquefied natural gas (LNG) edged higher this week amid production issues in Australia and Malaysia though weak Chinese demand and record high U.S. exports capped price gains.