11-21-12: Fracking Causes Dramatic Reversal: Gas Imports Become Exports

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Hydraulic fracturing for natural gas has revolutionized America's energy supply, with the U.S. now looking to export liquid natural gas at terminals such as the Dominion Cove Point pier in Southern Maryland, which was built to import gas from foreign countries.  But some environmentalists and manufacturers oppose exporting natural gas, because it could encourage even more "fracking" (which can cause air and water pollution) and drive up what are currently very low prices for natural gas in the U.S.

 



 

Contact Tom Pelton at pelton.tom@gmail.com