Looming US election spells additional uncertainty for gas industry [Gas in Transition]

Looming US election spells additional uncertainty for gas industry

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Natural Gas News
Looming US election spells additional uncertainty for gas industry [Gas in Transition]

Summary

The administration of US President Joe Biden is reportedly considering tightening up rules for approving new LNG terminals as the looming presidential election spells uncertainty for natural gas policy. by: Anna Kachkova

The US is preparing for the upcoming presidential election in November, and this spells additional uncertainty for policy on natural gas, and for energy more broadly. The administration of US President Joe Biden has tried to strike a balance between encouraging energy production and exports and reining it in under certain circumstances on environmental grounds – with mixed success. Now, gas policy is once again in the spotlight amid news that Biden’s administration is considering stricter rules for approving new LNG projects. This comes as Biden tries to appeal to various groups of voters – including both supporters of higher domestic energy production and those prioritising environmental concerns – in the run-up to the election. Thus, there is potential for changes in the area o...