LNG Supplies Affect California Gas

Gas supplies are inextricably tied with imported fuel. Liquefied natural gas has kept fuel prices in check the last couple of years. California and the United States could be doomed to dependency on reconstituted gas supplies from foreign lands unless efficiency and renewable energy supplies are increased, warned Rich Ferguson, CEERT research director. ?The choice we face is whether we should continue on our present course of reckless consumption and let ourselves become irreversibly dependent on overseas gas as we are on overseas oil, or should we start using our own resources more efficiently and wisely,? Ferguson stated in his new report, Natural Gas Update Winter 2003-2004. ?All that is lacking are national and state policies to make that modernization happen.? LNG supplies provided about 3 percent of the country?s demand last year. The state did not use the foreign gas piped into terminals on the East and Gulf coasts, but the small percentage of LNG was enough to keep the price of gas from soaring in California and across the U.S. ?California is just as dependent on LNG to keep prices down as anywhere else, even though we are not actually burning the gas,? according to Ferguson. Four LNG projects are proposed along California?s coast and three in Baja California, Mexico, which would send gas north.

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LNG Supplies Affect California Gas

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