January 24, 2013

Why Are Manufacturers Blocking LNG's Flow?

Ken Silverstein, EnergyBiz


US News & World Report

Capitalism’s invisible hand has some interference when it comes to exporting liquefied natural gas. The producers of that super-cooled fuel want to ship their product overseas but manufacturers remain defiant and are blocking their path.

The America’s Energy Advantage has an unofficial partnership with the National Association of Manufacturers to renew their efforts to either prevent or to limit the flow of such fuel to Asia and Europe where it could fetch much higher prices. That’s because those energy intensive businesses say that the increased demand will put upward pressure on natural gas prices -- all at a time when they are...

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TAGGED: LNG Exports, LNG

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