Wednesday 5 December 2012

UPDATE 2-US LNG exports to help economy, govt-backed study says - Yahoo! News Maktoob

* Report says the greater the exports, the more benefits
* Export application decisions after comment period-DOE
* Report confirms prices will rise for consumers-Lawmakers
* More than dozen companies waiting on export approval
WASHINGTON, Dec 5 (Reuters) - A U.S. government-sponsored report offered a strong endorsement for expanding liquefied natural gas exports on Wednesday, saying that shipping the nation's surplus gas abroad would clearly help the overall economy even though it will cause domestic energy prices to rise.

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