Price volatility is not a reason to block LNG exports

03/11/2013
Message to opponents of US exports of LNG: Price volatility is part of the energy business. Deal with it. The possibility that outgoing trade in LNG will make gas prices fluctuate is no reason to disallow exports. It nevertheless represents the core objection from manufacturers understandably wanting gas prices to be low and still. Dow Chemical Co. is leading the antiexport case. In a Feb. 12 statement to the Senate Energy and Natural Resources Committee the company noted that rising supplies of domestically produced gas can boost US manufacturing. “Companies in the manufacturing, transportation, and utility sectors are already making investment decisions based on today’s competitive pric...
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