I don’t care about Russia, nor the Ukraine, nor Europe especially when the offset is about less for America. The ability to make the USA competitive again in the world economy should be number one.
Cheap energy for American industry should mean more than profits for global drillers. The globalist economy is not the American economy. Wall St is not the American economy.
The quest by globalist corporations to end national sovereignty is the opposite of conservatism.
And some savvy consumers also recognize that these nat gas exports are going to drive up the cost of home heating and electricity.
So where do we stand on this. Since we have a trade agreement with Mexico, US producers are exporting record amounts to Mexico.
Otherwise, a permit is required and Obama granted the 7th nat gas export permit 5 days ago to Veresen for an export facility in Oregon. Dominion also has a export permit in Maryland and the other 5 are on the Gulf Coast. The Cheniere facility is scheduled to come online in 2015.
Total permitted volume is now 9.27 billion cubic feet per day.
There are probably another 30 companies that have applied for permits and you can find the list at the Energy Dept website.
All of this has been in place for 2-3 years but since events with Russia have taken place many are saying more permits need to be approved faster.