Wednesday, July 18, 2012

Obama's gas glut dilemma

Fuel Fix: The drilling boom that has led to a glut of natural gas and sent prices to 10-year lows is causing a quandary for the Obama administration, which is struggling to decide whether -- and how much -- the U.S. should share the bounty with foreign countries. Although the Energy Department recently approved Houston-based Cheniere Energy`s plans to begin exporting liquefied natural gas from its Sabine Pass terminal in southwest Louisiana, the government has put off verdicts on similar applications from...

URL: http://fuelfix.com/blog/2012/07/16/natural-gas-glut-a-dilemma-for-obama/
Enclosure: http://fuelfix.com/files/2012/04/AP04012403709-306x207.jpg

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