Tag Archives: Exports

Liquefied gas exports would boost growth

LNG is a commonly used acronym for liquefied natural gas, essentially natural gas that is put into liquid form, often for the purpose of transportation.
For international trade, LNG is sent in insulated tanker ships using refrigeration that keeps the liquefied natural gas at a chilly -260 degrees Fahrenheit. Global shipments travel to receiving terminals on a daily basis where pipelines are then used to provide this clean-burning energy source to homes, schools, businesses and government buildings. More receiving terminals are being built around the world each year.

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Statement: LNG Export Limits Threaten US Energy Dominance

“Isolating the U.S. from global energy markets and limiting demand for domestic gas won’t grow the economy or improve America’s access to a secure and stable supply of energy,” said Rafuse. “In fact, it will have the opposite effect, increasing the volatility of energy prices for consumers and slowing the shale gas boon that is at the heart of our economic recovery.” Read More

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