Date of Award


Degree Type

Major Paper

Degree Name

Master of Arts in Marine Affairs


As the United States enters the 1980's, the need for secure and efficient energy sources is rapidly moving to the forefront of our foreign and domestic policies. It is apparent that our existence, as well as that of our allies, is closely tied to the ability to secure energy resources. The importation of Liquified Natural Gas (LNG), by specially designed ships, from oil exporting nations to energy consuming nations has been a highly touted energy resource. United States importation of LNG is not a cost effective energy resource due to: (1) dependence on foreign sources, (2) transportation costs including "hidden" expenses involving shipping subsidies, (3) safety regulations, and (4) pricing schemes by exporting nations as well as those mandated by federal regulation.