The American Council for Capital Formation has written to Secretary of Energy Ernest Moniz in support of exporting liquefied natural gas (LNG). The Council also released a study on the effects that could be expected from the exporting of LNG.
The letter notes, “calls have come from various narrow special interests urging you to reevaluate both the process for the approval of license applications for export of liquefied natural gas (LNG) and the process for rescission of already-issued export licenses. We are writing both to remind you of the many reasons for expediting LNG export license applications, and to respond to a wide variety of assertions put forth in letters by America’s Energy Advantage (AEA) and the Industrial Energy Consumers of America (IECA).The reasons for expediting LNG export license applications are manifold.
See the complete letter here.
See the ACCF report here.