Export of US LNG wins final approval

[Emily]

In the U.S., natural gas is 1/7 of the price it carries in the global market. Get ready to turn the thermostat down, or even further down. Speaking of down, you can get good buys at thrift shops on down vests in the off season. Stock up now. There are handy to wear inside a chilly home.

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April 17, 2012 1:21 am
Export of US LNG wins final approval

By Ed Crooks in New York

The first project to export liquefied natural gas from the US in more than 40 years has been given its final approval by the federal energy regulator, clearing the way for construction to start at the site on the coast of Louisiana.

The decision is a potential first step in what could be a profound upheaval in global gas markets, allowing the impact of the US shale gas revolution to be felt in other countries worldwide.
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However, the project had faced a late flurry of opposition and its sensitive nature may have been reflected in Ferc?s announcement of its decision on Monday evening, ahead of its scheduled date of Thursday....