More Bad News For U.S. Natural Gas Exporters

“Sometimes you just can’t win. When you’re running for president, your energy policy or lack thereof can’t win either. The DOE has postponed its announcement of America’s policy regarding natural gas exports. As frustrating as the situation is, I can understand why Steven Chu is being so quiet on the issue. Careful examination of the impact exporting natural gas will have is currently being hurled against the incumbent as a sign that he is capitulating to environmental groups that don’t mind risking American jobs. On the flip side, promoting exports of natural gas to non-FTA countries, like China, would be twisted by the opposition as helping the enemy, and risking American jobs. In the meantime, the window of opportunity for profiting from the wide gap between domestic and global natural gas prices is closing.”

more: http://seekingalpha.com/article/931831-more-bad-news-for-u-s-natural-gas-exporters