Zero could ruin Putin’s day and probably the rest of his rule by issuing the permits for the LNG facility at Cove Point along with the one for the facility on the Gulf of Mexico.
So if Russia invades Ukraine, we sell them cheap LNG as punishment?
IIRC didn’t Reagan do something like this to depress oil prices to the point of almost bankrupting the former USSR.
Personally I couldn’t care less about the Ukraine or Russia but I’m all for profiting from our natural gas.
Allow individual US citizens, who own the gas, sell it to the buyer’s of their choice? That comes real close to being a free country.
Too bad it takes government action to undo previous government action that implemented the idiotic restrictions to start with. In this country the recent fracking boom has occered on private property. Which means this is not “our” gas or that “we” should allow it be exported. It belongs to private individual citizens who should be free to sell it as they see fit.
Developing our energy resources won’t help. It will take at least 10 years before we see any product. (10 years ago).
Great idea! That would make investors very happy, too.