Gas Going Global?
What US LNG Can Do For Europe
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  • Thirdsyphon

    The expected jump in domestic prices when the LNG export infrastructure comes fully online is, I suspect, the reason why the Obama Administration is dragging its feet. Even if there’s a net positive effect to be had from normalizing US LNG prices, the upside will mostly go to banks, energy companies, and parties abroad while the downside will be felt by the U.S. manufacturing sector. Democrats tend to be cozier with manufacturers than with energy companies, in a relationship that’s the reverse of the Republicans.

    Sooner or later, the infrastructure to export LNG will be fully built out, but don’t expect a Democratic Administration to hurry the process along.

  • Pete

    “….. and at the end of the day our gas is going to be sold to the highest bidder, not who we think needs it most.”

    Saints be praised!

  • LivingRock

    If Putin is willing to cut the gas off, I’m sure he’s just as willing to lower prices to undercut the market.

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