U.S. companies getting into the LNG export business

Michael Giberson More evidence that shale gas development is changing the international (not just the United States) natural gas market: A US LNG terminal is spending $2 billion to add export capability.  Currently Freeport LNG has the capability to re-export stored LNG; the new investment will add the capability to liquefy US-produced natural gas. Last Friday, November 19, … More U.S. companies getting into the LNG export business

Confusopoly (with a note on retail gasoline market strategies)

Michael Giberson In case you missed it: a little economics courtesy of Scott Adams and Dilbert: Some economists have asserted that Edgeworth competition in retail gasoline markets involves a variant of this strategy. If the same retail store always had the lowest price, even the most confused customer would eventually figure it out. Keep the … More Confusopoly (with a note on retail gasoline market strategies)