Fox News - Fair & Balanced

Liquefied Natural Gas

Plans to export US natural gas stir debate

A domestic natural gas boom already has lowered U.S. energy prices while stoking fears of environmental disaster. Now U.S. producers are poised to ship vast quantities of gas overseas as energy companies seek permits for proposed export projects that could set off a renewed frenzy of fracking.Expanded drilling is unlocking enormous reserves of crude oil and natural gas, offering the potential of moving the country closer to its decades-long quest for energy independence. Yet as the industry looks to profit from foreign markets, there is the specter of higher prices at home and increased manufacturing costs for products from plastics to fertilizers.Companies such as Exxon Mobil and Sempra Energy are seeking federal permits for more than 20 export projects that could handle as much as 29 billion cubic feet of natural gas a day.If approved, the resulting export boom could lead to further increases in hydraulic fracturing, a drilling technique also known as fracking. It has allowed compani...

Read More

  1. Pakistan leaves little room to budge on Iran pipeline plan despite threat of US sanctions

    Pakistan says it is determined to build a gas pipeline with Iran despite the threat of U.S. sanctions for the move -- with a top Pakistani official suggesting the un...

  2. Fed Policy Driving the Market’s Surge?

    Centerstate Bank CIO Joe Keating, Zacks.com Senior Equity Strategist Jared Levy, Sierra Investment Management’s David Wright and FBN’s Charles Payne on the Dow reaching all-time highs.

  3. Can Investors Gain from U.S. Shale Gas Exports?

    WL Ross & Co. CEO Wilbur Ross on the sectors for investor to watch.

  4. Foreclosure Activity Fell in March

    FBN's Tracy Byrnes breaks down afternoon market news.

  5. 3 hurt as fuel barges explode, catch fire on Mobile River in Alabama

    Firefighters on Thursday extinguished a huge blaze that erupted hours earlier when two fuel barges exploded in Mobile, Ala., leaving three people with critical burns...

  6. Gazprom's EU partners anxious for price cuts

    Russian energy giant Gazprom is spending billions to expand its already massive footprint in Europe. But it will have to tread carefully at a time when global natura...

  7. AP: LNG Tanker Attack Would Be Devastating

    A terror attack on a tanker delivering liquefied natural gas ( search ) at a U.S. port could set off a fire so hot it would burn skin and damage buildings nearly a m...

  8. Spectra Energy CEO on Earnings, Natural Gas

    Spectra Energy CEO Greg Ebel weighs in on 2Q earnings and the state of the natural gas industry.

  9. U.S. on the Way to Becoming World’s Top Oil Producer?

    Magnum Hunter Resources CEO Gary Evans on the increase in U.S. oil production and the impact of regulations.

  10. Natural Gas Futures Rally

    Clearview Energy Partners managing director of research Kevin Book weighs in on natural gas futures, saying “supply curves don’t slope downward.”

  11. Do We Have the Answer to U.S. Energy Problems?

    Citizens for Affordable Energy CEO and founder John Hofmeister says we have a glut of oil in the center of the country, but laws prevent shipment to refineries on the coast.

  12. Energy Boom Makes U.S. Less Dependent on Middle East?

    Barclays senior geopolitical strategist Helima Croft on U.S. energy production and the world market.

  1. Sierra Club moving to block planned Maryland terminal to export liquefied natural gas

    The Sierra Club said Thursday it will try to block an energy company's plan to export liquefied natural gas to find new markets for the drilling boom that has floode...

  2. Ryder CEO: Proud of the Work We’ve Done in Natural Gas

    Ryder System CEO Robert Sanchez on the company’s earnings, outlook and plans to increase the use of natural gas .

  3. Shell to buy Repsol LNG assets for $6.2 billion

    Royal Dutch Shell says it has struck a deal with Spain's Repsol SA to buy Repsol's liquefied natural gas assets in Peru and Trinidad & Tobago in a deal worth $6.2 bi...

  4. Judge sides with Dominion Resources in LNG dispute

    A Maryland judge on Friday ruled in favor of Dominion Resources in a dispute with the Sierra Club, declaring that the Virginia-based energy company can export liquef...

  5. Energy in America: Turning Landfills Into Gas

    In the San Francisco Bay Area, hundreds of garbage trucks are running on LNG: liquefied natural gas, made right at the dump. It turns out that next to all that trash...

  6. T. Boone Pickens: What I Want to Do is Get Off OPEC Oil

    BP Capital CEO T. Boone Pickens on efforts to expand the U.S. infrastructure for natural gas .

  7. Teekay CEO on Shipping Rates, Liquid Natural Gas

    Teekay LNG CEO Peter Evensen on why shipping rates are near five-year lows and whether the continued spill in the Gulf is impacting liquid natural gas .

‹ Prev12345Next ›