The Big Gas Mafia is creating extraction zones all across the US where American citizens’ health, safety and well-being are sacrificed to extract shale gas and oil. Now the US is positioning to become the largest exporter of LNG, Liquified Natural Gas.
The World’s Largest LNG Supplier?
The short answer: If it wants to be. And it should—to create jobs, double exports, build global trading links and generally boost our economy.
By 2017 the U.S. could be the largest exporter of liquefied natural gas in the world, surpassing leading LNG exporters Qatar and Australia. There is one big “if,” however. America can produce more gas, export a surplus, improve the trade deficit, create jobs, generate taxable profits and reduce its dependence on foreign energy if the marketplace is allowed to work and politics doesn’t get in the way.
In May 2011 Cheniere Energy received an Energy Department license to export LNG from its Sabine Pass LNG import terminal in Louisiana. Cheniere subsequently reached long-term deals with the U.K.’s BG Group, Spain’s … A subscription is required
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