LNG Exports

China Threatens 25% Tariffs on US LNG in Trump Trade War Escalation

Read time: 7 mins
Donald Trump

China threatened to slap U.S. liquefied natural gas (LNG) exports with a 25 percent tariff on August 3, escalating a trade war by threatening an industry closely allied with President Donald Trump and potentially benefitting a $55 billion Russian gas pipeline project.

The $60 billion in proposed retaliatory tariffs, which are also aimed at the metals, lumber, and agriculture industries, could have significant impacts for U.S. LNG export plans — and for the domestic shale gas industry, which has struggled to turn a profit and which has staked its hopes for years on hopes of selling gas from wells drilled and fracked in the U.S. to buyers abroad at higher prices.

Critics Challenge 'Fundamental Flaws' in Energy Department LNG Export Study Draft

Read time: 5 mins
LNG tanker

The Department of Energy (DOE) missed the mark in its newly published draft Liquefied Natural Gas (LNG) study, ignoring economic costs associated with climate change and the growth of the renewable energy industry, dozens of national and grassroots environmental groups said in public comments filed with the DOE on Friday.

In June, the DOE published a draft study that predicted expanding LNG exports worldwide could double American natural gas prices by 2040 — but that would carry relatively limited costs to the overall economy.

Congressional Committee Members Pushing LNG Exports Bills Have Deep Financial, Revolving Door Ties

Read time: 8 mins
Revolving doors

Last week the U.S. House of Representatives' Committee on Energy and Commerce held a subcommittee hearing on two bills to expedite permitting for exports of natural gas. Domestic production of this fossil fuel has been booming in recent years, mainly thanks to hydraulic fracturing (“fracking”) opening up vast reserves in shale formations.

Several former and present committee staffers have either taken oil and gas industry-sponsored trips as staffers or spun through the government-industry revolving door between Congress and the lobbying sector. And all of the politicians backing the two bills under consideration have taken tens of thousands of dollars in contributions from the oil and gas industry for their 2018 mid-term election campaigns.

United States On Path to Becoming Major Exporter of Natural Gas Despite Climate Impacts

Read time: 8 mins

The Sabine Pass LNG terminal owned by Cheniere Energy in southwest Louisiana offers a glimpse of the challenges facing the growing natural gas industry in the United States. 
 
The first cargo of liquefied natural gas (LNG) was scheduled for export from Cheniere Energy’s new export terminal in Cameron Parish, in January, but the company reportedly delayed its plans by up to two months due to faulty wiring.
 
Following the announcement of the export delay, Cheniere Energy sought $2.6 billion to refinance its adjacent LNG import terminal in Cameron Parish which was impacted by extreme fluctuations in the price of oil and gas. The company built the import facility before the U.S. fracking boom took hold, and was therefore saddled with unnecessary import infrastructure in the new age of abundance of domestic gas availability and the prospect of U.S. exports.

Obama’s Argument Against Keystone XL Pokes Holes in Industry's Argument to Lift Crude Oil Export Ban

Read time: 5 mins
Crude oil export ban

Larry Summers, former secretary of the treasury and top economic advisor to President Barack Obama, has strongly advocated to lift the crude oil export ban. And he has a compelling, if not necessarily fact-based, argument.

Permitting the exports of oil will actually reduce the price of gasoline,” Summers told an audience at the Brookings Institute on September 9th.

This argument for lifting the crude oil export ban is also pushed by the American Petroleum Institute, prominent Republicans and the Government Accountability Office.

When analyzing the push to lift the crude oil export ban, it's informative to look to the ongoing efforts to sell the massive expansion in U.S. natural gas exports.

The oil and gas industry and its supporters have also pushed the idea that exporting natural gas would be good for the average American. However, in the case of natural gas exports, the outcome was actually quite the opposite as predicted by the Energy Information Administration in a report titled “Effect of Increased Natural Gas Exports on Domestic Energy Markets.”

Their analysis reads: “Increased natural gas exports lead to higher domestic natural gas prices.”

Natural Gas Exports: Executive Summary

Co-authored by Lee Fang and Steve Horn.

Executive Summary

The 2014 U.S. congressional mid-term elections are now complete, and the Republican Party controls both the House of Representatives and the Senate. Some have forecasted that this could have catastrophic impacts for progress on climate change and environmental protection in general.

Read time: 2 mins

Natural Gas Exports: Key Findings

Key Findings 

The Obama Administration and Key Democratic Leaders Increasingly Embrace LNG Interests: While the Obama White House and Democratic Party have presented themselves as leaders in addressing climate change, moving away from fossil fuels and toward alternative energy sources, LNG exporters have bought their way into the Democratic Party, securing a close relationship with the White House, key federal agencies, and Democratic Party leaders.

Read time: 3 mins

Natural Gas Exports: Introduction

Read time: 2 mins

Natural Gas Exports: Democrats and the Obama Administration

Democrats and the Obama Administration

President Obama came into office pledging to tackle climate change and to “close the revolving door” between lobbyists and government. But as the LNG debate has unfolded, the administration has broken both promises.

Read time: 8 mins

Natural Gas Exports: Our Energy Moment

Message as Massage: “Our Energy Moment”

The rush to hire Democrats for LNG export promotion has raised the specter of conflicts of interest for the White House and its allies.

Read time: 4 mins

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