Bloomberg: The Panama Canal Is Now a Major Problem for U.S. Shale

8 December 2017:”That’s not an accurate representation, according to the natural-gas industry. But canal operators do have to learn to be flexible, because exports from the U.S. will drive more spot trading, said Jason Feer, head of business intelligence at ship-broker Poten & Partners Inc. in Houston.” “That’s not an accurate representation, according to the natural-gas industry. But canal operators do have to learn to be flexible, because exports from the U.S. will drive more spot trading, said Jason Feer, head of business intelligence at ship-broker Poten & Partners Inc. in Houston.” ““Can the canal adapt? Can traders?” Feer said. “I’m not saying it will inhibit the competitiveness of U.S. LNG — but there may be instances where it’s hard or impossible to do a deal because you can’t get it there soon enough because of the canal.”” “Feer of Poten & Partners said that could happen. “The canal will change their processes, if it makes them more money.”” To read full article, click here.
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