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Dec 6, 2012

U.S. study says the more liquefied natural gas exported the better

WASHINGTON (Reuters) – A U.S. government-sponsored report offered a full-throated endorsement on Wednesday for expanding liquefied natural gas exports, saying that shipping the nation’s surplus gas abroad would clearly help the overall economy even though it will raise energy prices.

The report, commissioned by the Energy Department, is expected to help shape the Obama administration’s response to more than a dozen proposed export projects that have been put on hold over the past year, as a surge in shale gas production upended the market and depressed domestic prices.

Dec 6, 2012

US study says the more LNG exported the better

WASHINGTON, Dec 5 (Reuters) – A U.S. government-sponsored
report offered a full-throated endorsement on Wednesday for
expanding liquefied natural gas exports, saying that shipping
the nation’s surplus gas abroad would clearly help the overall
economy even though it will raise energy prices.

The report, commissioned by the Energy Department, is
expected to help shape the Obama administration’s response to
more than a dozen proposed export projects that have been put on
hold over the past year, as a surge in shale gas production
upended the market and depressed domestic prices.

Dec 5, 2012

U.S. liquefied natural gas to help economy, government-backed study says

WASHINGTON (Reuters) – Sending surplus U.S. natural gas abroad will benefit the country’s economy more than harming it, a highly anticipated U.S. study said on Wednesday, offering the Obama administration a basis for possibly allowing more exports.

The government-commissioned report, which examined the impact of liquefied natural gas exports in a variety of circumstances, found exports to be positive for the economy under all conditions considered.

Dec 5, 2012

US LNG exports to help economy, govt-backed study says

WASHINGTON, Dec 5 (Reuters) – Sending surplus U.S. natural
gas abroad will benefit the country’s economy more than harming
it, a highly anticipated U.S. study said on Wednesday, offering
the Obama administration a basis for possibly allowing more
exports.

The government-commissioned report, which examined the
impact of liquefied natural gas exports in a variety of
circumstances, found exports to be positive for the economy
under all conditions considered.

Dec 1, 2012

Chinese bid for A123 may raise security risks: Senators

WASHINGTON (Reuters) – A Chinese company’s attempt to take over government-backed battery maker A123 raises serious national security concerns, a bipartisan group of lawmakers said this week, adding to growing congressional opposition to the deal.

China’s Wanxiang Group Corp is currently competing with U.S.-based Johnson Controls Inc to buy bankrupt A123, which makes lithium ion batteries for electric cars.

Nov 30, 2012

US launches new project to develop electric-vehicle batteries

WASHINGTON, Nov 30 (Reuters) – The Obama administration
launched a fresh $120-million research project Friday, aimed at
developing cheaper batteries for electric vehicles, a sector
that has faltered despite billions of dollars of prior
government investment.

The Energy Department will dole out the money over five
years to establish a research hub for batteries and energy
storage, backed by five national laboratories, five Midwestern
universities and four private firms.

Nov 29, 2012

US must assess fracking when weighing natgas exports-Sierra Club

WASHINGTON, Nov 29 (Reuters) – The Obama administration has
the tools to carry out a more extensive environmental review of
the effects of expanding U.S. natural gas exports, but has so
far refused to do so, the Sierra Club said in report released on
Thursday.

The environmental group is pushing the administration to
assess the impact of drilling as the Energy Department weighs
whether to allow more liquefied natural gas exports – a debate
that so far has centered mostly on economic arguments.

Nov 28, 2012

U.S. should allow LNG exports to go forward – senators

WASHINGTON, Nov 28 (Reuters) – The U.S. government should
allow companies to export surplus natural gas, the top
Republican on the Senate energy committee said on Wednesday in a
high-profile endorsement of the controversial issue.

Senator Lisa Murkowski of Alaska said LNG exports would
allow U.S. producers to take advantage of higher prices for gas
in places like Japan while spurring more domestic production.

Nov 19, 2012

US LNG export study by NERA consulting -sources

WASHINGTON, Nov 19 (Reuters) – A highly anticipated report
being produced for the U.S. Department of Energy on the economic
consequences of exporting U.S. natural gas, is being conducted
by NERA Economic Consulting, industry sources said.

The Energy Department has not revealed the identity of the
contractor it hired to conduct an analysis of liquefied natural
gas exports.

Nov 16, 2012

Battery maker A123 got US funds as it sought bankruptcy

WASHINGTON, Nov 16 (Reuters) – The Obama administration
provided struggling battery maker A123 Systems Inc
with nearly $1 million on the day it filed for bankruptcy, the
company told lawmakers investigating its government grant.

The company, which makes lithium ion batteries for electric
cars, filed for Chapter 11 bankruptcy protection last month
after a rescue deal with Chinese auto parts supplier Wanxiang
Group fell apart.

    • About Ayesha

      "A Howard University graduate, I began my career at Reuters as an intern covering hotels and airlines in New York. I now work in Washington D.C. covering energy policy and regulations."
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