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U.S. Natural Gas Exports: A Double-Edged Sword for Domestic Consumers

From oilprice.com

After reading Art Berman's excellent summary of how fast-growing U.S. natural gas exports are likely to reduce domestic supplies significantly over the next several years as shale gas output begins to decline, I want to assure you that everything has been going according to plan for the natural gas industry, that is, until now. On Friday the Biden Administration announced a freeze on new permits for liquefied natural gas (LNG) export facilities that could last up to 15 months. The administration said that during the freeze it will review the environmental effects of such exports on climate and the communities in ... (full story)

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  • Category: Fundamental Analysis