Selfish Big Chemical Join Leftists to Lobby Against LNG Exports

Although we understand self-interest and wanting to protect one’s profit margin, we continue to be distressed that some of the biggest chemical companies in the world (meaning in the U.S.) are actively trying to block LNG exports. Why? They want the natural gas they buy (in very large quantities) to be as cheap as possible. In 2017, Big Chemical--companies like Dow Corning, BASF, Eastman Chemical, and others--via their trade association Industrial Energy Consumers of America (IECA), launched an effort to try and persuade Energy Secretary Rick Perry and the Trump Administration to create barriers to exports of natural gas (see Big Chemical Selfishly Wants to Block NatGas Exports). That went nowhere, so the IECA began hammering the Biden administration last year (see Big Chemical Lobbies DOE to Order LNG Exports Scaled Back). That effort aggressively continues. The IECA is opposing Energy Transfer’s request to the Dept. of Energy (DOE) to extend export authorization for the Lake Charles LNG plant until 2050.

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