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Why LNG export?
2013-05-15: T. Boone Pickens,
- “The producers have gone out and drilled for the natural gas. They should be entitled to get the best markets in the world, so let them have it.”
2013-12-05: Tony Clark, FERC Commisioner, testimony to Congress,
- “The large amount of natural gas in the U.S. is also creating an impetus for something that was nearly unimaginable ten or fifteen year ago, LNG export”
2014-03-25: Paula Gant, head, Office of Fossil Energy, testimony to Congress,
- “Today, domestic natural gas prices are lower than international prices of delivered LNG to overseas markets. ...demand for natural gas is growing rapidly in foreign markets. Due primarily to these developments, DOE has received a growing number of applications to export domestically produced natural gas to overseas markets in the form of LNG.”