natural gas export terminals

Shell

The crisis in Ukraine has rekindled calls for the US to export more of its newfound glut of natural gas overseas, but not everyone thinks that’s a good idea.

In recent days a number of Congressmen, including Wyoming Senator John Barrasso, have called for the Department of Energy to expedite its approval of natural gas export terminals.  Barrasso says it would give the US more foreign policy leverage.

“The approval of contracts by the federal government, to say ‘this is going to go’ will undermine Russia’s pricing ability in the Ukraine and in Europe,” Barrasso says.