Danger: New Bill Threatens LNG Exports by Expanding Jones Act

Just at the time U.S. exports of LNG are once again ramping up, along comes a "bipartisan" group of legislators proposing a bill to require some LNG exports (as well as some petroleum exports) to be transported from our shores on U.S.-built and U.S.-flagged LNG carriers. The problem is, none currently exist! This is yet another massive screwup coming from some who mean well, and some who don't. Some of the people backing the bill, like hapless Sen. Bob Casey (from Pennsylvania) likely don't know this bill will destroy exports of Marcellus/Utica molecules. He's just too dull to comprehend it. But others, we suspect, know exactly what this bill would do.

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