LNG exports draw fire

BY BRIAN ERVIN briane@tulsabusiness.com | Posted: Thursday, January 31, 2013 5:36 pm

A handful of Tulsa’s elected leaders from City Hall to Capitol Hill have publicly urged the federal government to accelerate the export of liquefied natural gas to better reap the benefits of the ongoing supply boom, but other interests are organizing a vocal public campaign against it, arguing that LNG exports threaten to undermine long-term job growth and economic recovery in the U.S.

Most recently, Oklahoma’s Republican U.S. Sen. Jim Inhofe called upon the Energy Secretary Steven Chu to “weigh heavily” a report made by the National Economic Research Associates lauding the economic benefits of increasing LNG exports and to “move as expeditiously as possible” to approve applications now pending review.

“Our nation is enjoying a boom in domestic energy production, and Oklahoma has been a leading force in this shift,” he said.

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