Yuri Vanetik: Gas exports a natural for U.S. | Boston Herald

However, American gas exports are currently severely restricted by the Natural Gas Act of 1938. Under this law, any plans to import or export gas must be approved by the Department of Energy. Today, there are over 20 such applications under review, some of which have been waiting for approval for several years.

Removing unnecessary delays and allowing gas firms to start selling abroad would add thousands of jobs to the American economy. A recent study from the consulting firm ICF International found that unencumbered exports could create up to 452,300 additional U.S. energy jobs over the next two decades. These gains would be concentrated in states with vast natural reserves, like Pennsylvania and North Dakota.

via Yuri Vanetik: Gas exports a natural for U.S. | Boston Herald.