The U.S. government reportedly is set to lift the embargo of shale gas to Japan as early as next...


The U.S. government reportedly is set to lift the embargo of shale gas to Japan as early as next month, giving conditional approval and then proceeding to examine Japanese companies and their shale gas projects on a case-by-case basis. Japan's LNG imports have been rising since the 2011 Fukushima nuclear plant disaster, and U.S. LNG prices have been falling due to the sharp rise in shale gas output.

From other sites
Comments (3)
  • wyostocks
    , contributor
    Comments (9112) | Send Message
     
    And, just why was there an embargo in the first place?
    28 Mar 2013, 11:14 AM Reply Like
  • Mike Maher
    , contributor
    Comments (2860) | Send Message
     
    Im not sure if it was an actual embargo against Japan, or actually just the fact that Congress will approve exports to Japan. It will be years before the US is even able to export LNG, so its not a game changing event either way.
    28 Mar 2013, 11:38 AM Reply Like
  • YONSU
    , contributor
    Comments (279) | Send Message
     
    Maybe the administration finally has figured out we can export more products, even LNG. It's like waking up with a hangover, it takes a while to think straight.
    28 Mar 2013, 11:15 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs