US LNG Competitiveness at Risk Due to Rising Gas Prices
US liquefied natural gas (LNG) projects may soon lose their competitive edge if domestic natural gas prices keep climbing, according to Jesus Bronchalo, CEO of Fulcrum LNG. Speaking at a panel discussion hosted by Rice University's Baker Institute, Bronchalo warned that rising prices could jeopardize the viability of US LNG, which is already among the most expensive to produce globally.
Bronchalo emphasized that further increases in natural gas prices are likely in the US. This trend could make LNG exports from the country less attractive in international markets, where cost efficiency is a critical factor. The comments highlight growing concerns about the long-term sustainability of US LNG projects amid fluctuating energy prices.