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    WSJ: Gas Exports Ignite a Feud

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Summary

Companies are setting their sights on markets in Europe and Asia where natural gas fetches three to four times the price in the U.S.

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Press Notes

WSJ: Gas Exports Ignite a Feud

U.S. officials will soon weigh in on a fight between companies that want to export some of America's fast-growing supply of natural gas and big manufacturers that oppose the exports because they rely on cheap domestic gas.

In the next few weeks, Washington's number-crunchers are set to estimate whether exports would cause U.S. prices to swell—a finding they will use in deciding the fate of more than a half-dozen projects across the nation.

The battle, which pits manufacturers such as Dow Chemical Co. against energy producers like ConocoPhillips, shows how the boom in U.S. fossil-fuel production is upending markets and forcing policy makers into decisions they didn't imagine facing just a few years ago.

Read the Full Article from the Wall Street Journal (Registration Required) HERE