Top oil industry lobbying groups set the stage for a potential lawsuit challenging the Biden administration's pause in approving new liquefied natural gas
Oil heavyweights take aim at Biden s LNG permitting freeze ajot.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ajot.com Daily Mail and Mail on Sunday newspapers.
U.S. LNG exports have enjoyed strong, bipartisan support stretching back to President Obama’s second term when LNG pioneers convinced then Energy Secretary Ernest Moniz to join them in a leap of faith to authorize long-term natural gas exports. Ernie and the entrepreneurs were right. As a result of the shale revolution, natural gas production has grown faster than consumption and the U.S. has been able to export the surplus gas via pipelines and LNG tankers.
By Laura Curtis, Ruth Liao and Michael D McDonald (Bloomberg) –Federal Reserve Chair Jerome Powell keeps careful track of employment levels, wages, consumer prices and numerous other metrics to see where the US inflation rate may.