Sen. Asks DOE To Detail Criteria For Approving LNG Exports

Law360, New York (October 23, 2012, 9:05 PM EDT) -- The U.S. Department of Energy must detail how it will review proposed liquefied natural gas exports, the incoming Senate Energy and Natural Committee chairman said Tuesday in a letter underscoring his enthusiasm for the fossil fuel and concerns that sending it overseas could boost prices domestically.

Sen. Ron Wyden, D-Ore., asked Energy Secretary Steven Chu to provide an “all-inclusive description” of factors his agency will consider when reviewing whether gas companies can export to countries where the fuel might fetch five times as much money as...
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