Energy Department approves first-ever liquid natural gas exports from Louisiana

[phantom power]

NEW ORLEANS — The Energy Department has cleared the way for a terminal in southwestern Louisiana to export a portion of the U.S.’s burgeoning supply of natural gas.

The terminal was originally built to import natural gas during shortages, before supplies skyrocketed because of vast discoveries in shale rock formations.

The Energy Department said this marks the first time an exporter has been allowed to send natural gas from the lower 48 states as LNG to all U.S. trading partners.

http://www.washingtonpost.com/business/energy-department-approves-first-ever-liquid-natural-gas-exports-from-louisiana/2011/05/20/AFUrlx7G_story.html

[Angry Dragon]

1. stupid idea

[Vincardog]

2. So the energy vampire companies can pollute our water and make megabucks selling the product oversea

PRICELESS

[hunter]

3. Two for one deal for U.S. citizens!

We get to suffer the environmental damage caused by fracking AND higher energy bills!

(40% of my electricity is generated using natural gas...)

And the profits will probably go offshore too.

[buddysmellgood]

4. Solar is developing fast. Energy companies have to exploit fossil

fuels while they can.

[Nihil]

5. That's going to be fun ...

... watching the pro-fracking people wriggle out of their "energy independence"
waffle when shipping the stuff directly overseas!

:rofl: