Great news from The Tennessee Star:
Trump Admin Ecstatic with Late-Night Deal That Broke Deadlock Over Natural Gas Exports
The Federal Energy Regulatory Commission (FERC) broke a two-year partisan deadlock Thursday night to approve a liquefied natural gas (LNG) export terminal in Louisiana.
Top Department of Energy (DOE) officials said this was a major breakthrough that will alleviate a growing problem for U.S. energy producers — a lack of export infrastructure.
“We have been promoting US energy around the world and today’s decision by the FERC is a very important one,” DOE Deputy Secretary Dan Brouillette told The Daily Caller News Foundation in an interview.
And a bit more:
Once complete, Calcasieu Pass terminal will export up 12 million metric tons of LNG a year. Brouillette said the project already has buyers, including in Europe, waiting for American natural gas.
Hydraulic fracturing and horizontal drilling spurred an oil and natural gas boom over the past decade, making the U.S. the world’s top hydrocarbon producer. However, a limiting factor on oil and gas is the lack of export terminals and pipelines.
And do not forget VP Joe Biden's famous three letter word J. O. B. S.
Russia provides the bulk of LNG to Europe and this is one of their primary sources of cash flow. Offer an alternative and we pull their fangs a bit. Level the playing field.
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