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New U.S. gas exports draw fiery criticism Add to ...

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Dragging its heels like a child heading for school, the Obama administration is taking America into the global gas trade. Dominion Resources Inc. has secured Department of Energy approval to export liquefied natural gas from Cove Point, its existing LNG import facility on Chesapeake Bay. The fourth export project to be blessed by the DoE, it is further evidence that the United States government is of a mind to sell part of America’s energy endowment overseas. That will raise hackles in the chemical industry, and further provoke lobbyists who argue that American natural gas should stay cheap for American consumers.

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