The Obama administration on Friday ended months of speculation about its energy export stance by granting the first new natural gas export authorization in two years, with more decisions expected in the coming months.
The Energy Department approved Freeport LNG's export of 1.4 billion cubic feet of natural gas a day to non-Free Trade Agreement countries from its terminal at Quintana Island, Texas.
At the first of three forums on the natural gas industry, Senate Energy and Natural Resources Chairman Ron Wyden, D-Ore., said a decision on legislation would be made after the meetings conclude, Platts reports.
WASHINGTON (AP) — A domestic natural gas boom already has lowered U.S. energy prices while stoking fears of environmental disaster. Now U.S. producers are poised to ship vast quantities of gas overseas as energy companies seek permits for proposed export projects that could set off a renewed frenzy of fracking.
Nuclear Regulatory Commission Chairman Allison Macfarlane said the NRC can't consider a public hearing on the San Onofre nuclear plant until June, when an appeal period of an Atomic Safety and Licensing Board ruling ends.