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- W201628627 abstract "Any assessment of the potential for U.S. liquefied natural gas imports made after February 26, 1976, must take into account the 1 trillion CF/yr limit on such imports proposed by President Ford in his energy message to Congress of that date. Specifically, the message called for increasing LNG imports to supplement declining supplies of domestic natural gas but also for balancing the need for supplemental supplies against the risk of becoming overly dependent on any particular source of supply. The U.S. LNG trade in 1985 could potentially reach an upper level of 4.692 trillion CF/yr if all proposed projects were implemented. This level represents approximately 18 percent of projected total U.S. natural gas supplies at that time, according to IGT's estimates. LNG would be imported from the foreign countries of Algeria, the Soviet Union, Iran, Nigeria, and Indonesia under 12 different projects as well as from Alaska under 3 different projects. (If Alaskan gas is transported to the lower 48 states by an all-pipeline route, the quantity of gas would differ from the LNG case.) However, realizing this full potential will depend on the Administration's review of each foreign project as well as its assessment of the U.S. gas supplymore » picture. The author concludes that those responsible for formulation of energy policies do not seem to recognize the interchangeability in demand of gas and oil for stationary uses. This means that selective restriction of LNG imports must result in a corresponding increase in oil imports that may increase dependency on particular sources. It is doubtful that federal regulation can effectively allocate total hydrocarbon fuel imports between oil and natural gas. A more rational policy would be to set goals only for total hydrocarbon imports and let the marketplace determine how much should be LNG and how much should be petroleum products. (MCW)« less" @default.
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- W201628627 date "1976-01-01" @default.
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- W201628627 title "United States LNG trade potential" @default.
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