In the wake of the Biden administration announcing it was pausing pending applications for liquified natural gas (LNG) exports, industry reports from Texas challenge the administration’s reasons for doing so.
The administration announced it was implementing a temporary pause on pending decisions on exports of LNG to non-Free Trade Agreement countries until the Department of Energy updates “underlying analyses for authorizations.” Among the several reasons it gave for doing so is because current LNG export authorizations, which are five years old, “no longer adequately account for considerations like potential energy cost increases for American consumers and manufacturers beyond current authorizations […]
Read the rest of this story here: justthenews.com
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