U.S. lawmakers to weigh speeding up LNG exports to help Europe, Ukraine
Source: Reuters
(Reuters) - U.S. lawmakers will hear testimony on Tuesday from those who favor loosening restrictions on liquefied natural gas exports so that abundant American supplies could help reduce Ukraine and Europe's dependence on Russian gas.
European worries about the security of energy supplies have grown since Russian forces seized control of the Crimean peninsula from Ukraine this month. Moscow has in years past cut gas supplies amid regional disputes.
Currently, the U.S. Department of Energy must give permission to export natural gas to all but a handful of countries with free trade agreements with the United States.
Opponents of unlimited gas exports have argued that shipping too much natural gas abroad could cause U.S. prices to rise, hampering the economy's ability to recover from the recent recession.
Read more: http://www.reuters.com/article/2014/03/25/us-usa-lng-congress-idUSBREA2O08Z20140325?feedType=RSS&feedName=politicsNews&utm_source=dlvr.it&utm_medium=twitter&dlvrit=574655
= new reply since forum marked as read
I suppose that the original suggestions were banned as being too honest:
"US lawmakers to weigh speeding up LNG exports to boost paymasters' profits"
"US lawmakers to weigh speeding up LNG exports to stir the pot of Cold War Redux being prepared"
"US lawmakers to weigh speeding up LNG exports to add more pressure for 'free trade agreements'"
