Bloomberg
Environmental groups opposed to US natural gas exports just found an unlikely ally: the Commodity Futures Trading Commission.
The government agency that regulates futures and options markets found that shipping gas overseas could raise costs for Americans. Domestic prices could rise as much as 20 percent due to the burgeoning industry that liquefies gas so it can be shipped around the world on tankers, according to a CFTC report.
The US shale boom has bloated domestic gas supplies and ushered in a new era of American energy exports. President Donald Trump has encouraged the development of more LNG plants, while groups such as the Industrial Energy Consumers of America have panned exports as a drain on the nation’s resources.