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Export of US LNG wins final approval

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  • Export of US LNG wins final approval

    In the U.S., natural gas is 1/7 of the price it carries in the global market. Get ready to turn the thermostat down, or even further down. Speaking of down, you can get good buys at thrift shops on down vests in the off season. Stock up now. There are handy to wear inside a chilly home.

    http://www.ft.com/intl/cms/s/0/d3411...#axzz1sGnNoazW
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    April 17, 2012 1:21 am
    Export of US LNG wins final approval

    By Ed Crooks in New York

    The first project to export liquefied natural gas from the US in more than 40 years has been given its final approval by the federal energy regulator, clearing the way for construction to start at the site on the coast of Louisiana.

    The decision is a potential first step in what could be a profound upheaval in global gas markets, allowing the impact of the US shale gas revolution to be felt in other countries worldwide.
    [snip]
    High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/d3411cca-8...#ixzz1sHOi9PyQ

    However, the project had faced a late flurry of opposition and its sensitive nature may have been reflected in Ferc?s announcement of its decision on Monday evening, ahead of its scheduled date of Thursday....
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