Although Wesley Edens is perhaps best known as the co-owner of the National Basketball Association (NBA) team, the Milwaukee Bucks, his company Fortress Investment Group is now taking up a decidedly different sport. Thanks in part to rule changes underway in the Trump administration, Fortress has quietly positioned itself to export liquefied natural gas (LNG) shipped via rail — in refrigerated, high-pressure tank cars — through heavily populated areas in Florida.
A major Democratic donor, Edens founded New Fortress Energy, a subsidiary of Fortress Investment Group. Multiple news reports and documents reviewed by DeSmog confirm that New Fortress Energy formerly owned a rail line and currently owns a planned LNG export terminal which together would send so-called “small-scale” LNG tankers to the Caribbean.
In July Trump's Department of Energy (DOE) crafted a regulation which says all shipments of small-scale LNG export tankers from the U.S. automatically fall within the legal definition of the “public interest” under the Natural Gas Act, expediting their permitting. Similarly, the U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) announced just two months earlier in May that it is reviewing a January 17, 2017 petition for rulemaking submitted by the Association of American Railroads (AAR) — just three days before President Donald Trump took office — which would allow shipping LNG by rail across the country.