The Race Is On to Export Our Gas Supply
Bill Lascher, InsideClimate
Energy companies are honing plans to export natural gas faster than President Obama can call the United States the "Saudi Arabia of natural gas," and that's raising new questions about the country's energy policies.Multinational energy firms and some economists say exporting natural gas is a no-brainer: the cost of producing natural gas in the United States has plummeted with the explosion in shale gas production, while prices remain high elsewhere in the world. That means exports could ease the U.S. trade deficit while stimulating job growth.
Energy companies are honing plans to export natural gas faster than President Obama can call the United States the "Saudi Arabia of natural gas," and that's raising new questions about the country's energy policies.Multinational energy firms and some economists say exporting natural gas is a no-brainer: the cost of producing natural gas in the United States has plummeted with the explosion in shale gas production, while prices remain high elsewhere in the world. That means exports could ease the U.S. trade deficit while stimulating job growth.
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