Abstract
ABSTRACT Liquefied natural gas (LNG) was the focus of great speculation, evaluation, and facility construction in the late 1970s due to extremely high oil prices and the need for large, sustainable quantities of energy in the US. Importing natural gas in its liquefied form in special-constructed ships was necessary to meet US energy demand. However, lower prices and bringing the oil crisis under control subsequently caused the market potential for LNG to diminish during the 1980s and 1990s. Most of the vessels and facilities constructed in the US to meet the potential demand in the 1970s remained out of service for the next 20 years. However, recent changes in the global and US energy markets have put LNG in the marketplace spotlight again. There is momentum building to create an infrastructure to support the import of LNG into coastal communities around North America. Especially in the wake of the terrible events of September 11, 2001, government and citizens are apprehensive about the potential risks of...
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