DOE Weighs in on LNG
Investors have long been waiting for a report commissioned by the Energy Department that would set basic parameters for defining what constitutes the national interest regarding liquid natural gas exports.
This report from an outside consultant would help DOE determine whether exports to countries that have no free trade agreements with the U.S. would be consistent with the national interest. Partly in response to Congressional critics of LNG exports, DOE has said that no further export certificates for will be approved until the consultants' study is complete. The report was originally expected in the first quarter, but at the end of March, DOE announced that it would not be complete until "late summer."...421 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.