Tantamount

ExxonMobil: Restricting LNG Exports Like Imposing Price Controls

The “threat of regulatory overreach” in not allowing liquefied natural gas (LNG) exports “is tantamount to introducing price controls on natural gas,” ExxonMobil Chemical Co. President Stephen Pryor said last week, directly countering the campaign of another chemicals giant, Dow Chemical Co., which has been heavily lobbying to protect its domestic feedstocks.

March 11, 2013

ExxonMobil: Restricting LNG Exports is Like Imposing Price Controls

The “threat of regulatory overreach” in not allowing liquefied natural gas (LNG) exports “is tantamount to introducing price controls on natural gas,” ExxonMobil Chemical Co. President Stephen Pryor said Tuesday, directly countering the campaign of another chemicals giant, Dow Chemical Co., which has been heavily lobbying to protect its domestic feedstocks.

March 7, 2013