I recently appeared on CNBC to discuss problems associated with exporting natural gas. Despite the numerous problems domestic fracking poses to the environment, the process remains lightly regulated. I’ve noted that natural gas is really displacing wind and solar, and that exporting the gas (by freezing it to turn it into a liquid, known as LNG) will lead to higher prices domestically. Those seeking to export LNG claim it can globalize prices, but I find that unlikely to happen.
Tyson Slocum is Director of Public Citizen’s Energy Program. Follow him on twitter @tysonslocum