Obama Nominee Pledges Case-by-Case Review of Gas Exports

President Barack Obama’s nominee for energy secretary said the U.S. should consider the “cumulative” economic effects of exporting more natural gas, without indicating whether he believes it would hurt domestic manufacturers and drive up prices as some Democrats contend.

Ernest Moniz, head of the Massachusetts Institute of Technology’s Energy Institute, told the Senate Energy and Natural Resources Committee today the Energy Department should individually review each application to construct export terminals and weigh regional impacts in the U.S. of more sales overseas.