Exporting natural gas could boost jobs, profits — and your bills
Debate is brewing over whether to keep the nation’s glut of natural gas at home for cheap energy or export it at five times the price, possibly creating jobs and boosting the domestic economy.
Businesses that purchase natural gas for industrial and residential use have rallied against proposals to liquefy and export the fossil fuel to Asian and European nations willing to pay much higher prices.
Nine companies have sought federal approval to export about 10 billion cubic feet of liquefied natural gas per day, which would boost prices for U.S. customers.
Cheniere Energy’s Sabine Pass LNG plant in Louisiana already has won approval to ship out more than 2 billion cubic feet of liquefied natural gas a day.
http://fuelfix.com/blog/2012/01/14/exporting-natural-gas-could-boost-jobs-profits-%e2%80%94-and-your-bill/
