Feds approve third project to export US natural gas
The Obama administration licensed a third company to broadly sell U.S. natural gas overseas on Wednesday, renewing fears that widespread exports of America’s bounty could spike domestic prices for the fossil fuel.
In conditionally approving exports from a $2 billion facility in Lake Charles, La., the Energy Department has now put U.S. companies on track to eventually export as much as 5.6 billion cubic feet of gas per day to Japan and other countries that aren’t free-trade partners with the U.S. ...
