Today, legislative and lobbyist members of the American Legislative Exchange Council (ALEC) voted on model legislation promoting both exports of gas obtained via hydraulic fracturing ("fracking") and vehicles powered by compressed natural gas (CNG).
Future generations will be incredulous that we ever debated the wisdom of increasing LNG exports. The result will be higher domestic prices as well a lot more drilling for natural gas -- primarily by fracking.
Due to its geographic proximity, Mozambique has a competitive advantage in supplying LNG to Asian countries vis-à-vis America and European countries. It comes as no surprise therefore that the U.S. government has started to monitor Mozambique more actively.
With easily apparent deep-seated roots dating back to the halcyon days of Big Tobacco, the DOE's NERA selection raises the question: Can one view the NERA/Obama DOE economic findings on LNG exports as anything but a deeply cynical PR ploy?