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U.S. energy exports rose to record levels last year, with both petroleum and natural gas posting record-highs as the shale boom and the second full year of no restrictions on crude oil exports boosted overseas shipments of liquefied natural gas (LNG) and oil....
Have to give props for the Obama Administration for approving all the refineries, LNG export terminals, and pipelines needed to support this! Also for Congress and the Obama Admin for working together to get rid of the regulations preventing export!
I’d rather we kept it for ourselves since it is a finite resourse, but, oh well, it’s not like future generations won’t have bigger things to worry about.
I’d rather we kept it for ourselves since it is a finite resourse, but, oh well, it’s not like future generations won’t have bigger things to worry about.
There's quite a lot of it, not to mention our energy security relies on a mix of sources.
Have to give props for the Obama Administration for approving all the refineries, LNG export terminals, and pipelines needed to support this! Also for Congress and the Obama Admin for working together to get rid of the regulations preventing export!
I agree but I would rather have it here in the US and bring the price down for the US consumer.
We don't have the storage capabilities. No one planned, much less predicted that the USA would be the world biggest oil producer.
Agreed. Fracking turned out to be pretty significant, and the costs for it rapidly dropped. It also resulted in massive natural gas production.
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