Industrialized Cyclist Notepad


The Plan: Export U.S. natural gas, import higher prices for U.S. consumers

Energy independence? Not so much.

The government may decide as soon as next week on Cheniere’s request to build a $10 billion Louisiana plant that would be the largest in the U.S. to liquefy gas and load it onto ocean-going tankers. Regulators will discuss the project April 19. Cheniere’s shares rose as much as 11 percent in New York.

via LNG Export Plant Verges on U.S. Approval Amid Shale Glut – Bloomberg.