Tuesday, September 9, 2014

Giuliani Comments On Natural Gas Exporting and NY Moratorium


Former New York City Mayor Rudolph Giuliani on Friday urged President Barack Obama to fast-track applications to export natural gas as a means to promote energy production domestically and influence foreign policy. If exports of liquefied natural gas had been approved five years ago, it would give the U.S. another tool to deal with Russia today, Mr. Giuliani said. “You know how President Obama is looking at nonmilitary options to solve things such as the invasion of the Ukraine by Russia?” Mr. Giuliani said. “It would have been within our abilities to export a massive amount of natural gas — possibly to Europe; if not Europe, to other parts of the world — which would then have an impact on the world price of natural gas and would deprive [Russian President Vladimir] Putin of the only strength he has left in his economy. I believe this would be stronger than any of the sanctions placed on them.” Mr. Giuliani argued that even if U.S.-sourced natural gas were shipped to custo
http://www.shaledirectories.com/blog/giuliani-comments-natural-gas-exporting-ny-moratorium/

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