It is not in the Public Interest for DOE to Approve LNG Export Volumes to Levels which will Connect Low Domestic Prices to High Global LNG Market Prices, like Crude Oil is Today
- Sep 15, 2018 12:29 am GMT
The Industrial Energy Consumers of America filed comments for the record in regards to the hearing to “Examine the Role of U.S. LNG in Meeting European Energy Demand” in the Senate Committee on Energy and Natural Resources and made the following points.
1. It is NOT in the public interest to approve LNG export volumes to levels which will connect low domestic prices to high global LNG market prices, like crude oil is today. The U.S. has high gasoline prices because crude oil is connected to global markets. The U.S. Department of Energy (DOE) has not given this concern any consideration.
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