‘Freedom Gas’: U.S. Touts LNG as Molecules of Liberty
Wed, May 29, 2019
The country’s growing muscle as a natural gas exporter isn’t only seen by the Trump administration as an economic boon at home -- it’s also viewed as a foreign policy tool. That view was articulated Tuesday as the Department of Energy announced the approval of liquefied natural gas exports from the Freeport facility in Texas.
The country’s oil exports are also expanding, lifted by rising crude production in the Permian Basin of West Texas and New Mexico. That comes as sanctions squeeze supplies from Iran and Venezuela.
"I am pleased that the Department of Energy is doing what it can to promote an efficient regulatory system that allows for molecules of U.S. freedom to be exported to the world,” Assistant Secretary for Fossil Energy Steven Winberg said in the statement.
Energy exports were also touted in Corpus Christi, Texas, where U.S. officials gathered Wednesday for a ceremony celebrating a project to deepen the port to be able to handle more shipments overseas.
John Cooney, acting deputy assistant secretary for services at the Department of Commerce, called Cheniere Energy Inc.’s Corpus Christi LNG terminal an “outstanding example of American ingenuity” and said the port expansion is “foundational for U.S. economic growth.”