Who Dat gas production looking on the up and up under Trump.
HOUSTON, Nov 7 (Reuters) - U.S. liquefied natural gas developers awaiting permits for new export projects this week expressed confidence President-elect Donald Trump will ease the way for their multi-billion-dollar expansion plans.
Their confidence is buoyed by Trump's promise to end an expanded Department of Energy review that has slowed new export permits. President Joe Biden had paused new non-FTA export permits and asked the DOE to more broadly evaluate the cumulative effects of new LNG projects' climate and economic impacts. Environmental groups pledged to keep up the pressure to block new plants.
Trump's victory will ensure the nation will have "some rational, reasonable people running this country," said Marshall McCrea, co-CEO of LNG and pipeline operator Energy Transfer (ET.N), opens new tab. The change of administration assures a financial go-ahead for its $13-billion LNG-export facility in Louisiana, he said on a quarterly call.
https://www.reuters.com/business/energy/us-lng-developers-see-trump-win-lifting-pall-over-expansions-2024-11-07/
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