EnergyFactor By ExxonMobil | Pespectives has a new home

Global Trade

In New Orleans today, the president promoted American exports as well as the need to strengthen the infrastructure to support them. It occurs to me there are several areas where the administration could act quickly in ways that serve both purposes and help boost economic growth.

Last weekend the Houston Chronicle ran a smart opinion article on the future of global energy relationships that did not receive nearly as much attention as it should have.


A forum on Capitol Hill highlighted the energy security benefits of expanding global LNG trade by way of U.S. natural gas exports.

For the full potential of proposed chemical industry investment to be realized, government agencies have to do their part – particularly when it comes to permitting.


Given the Obama administration’s struggles to increase exports, it’s baffling that officials continue to hold back on one of the surest ways to expand trade of American products to other nations. I am speaking of proposals to export liquefied natural gas (LNG).

Administration officials have stated a commitment to streamlining permitting for big infrastructure projects. But at the same time some of our nation’s most important projects have been stuck in a regulatory holding pattern. As these projects have languished, so have the jobs, economic activity and tax-revenues that would be unleashed if Washington were true to its word.



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