Caterpillar and U.S. Chamber Oppose LNG Export Restrictions
Posted on Jan 24, 2013 in Federal Regulation, LNG Exports, Policy, Legislation and Politics, Trade Restrictions | Comments Off on Caterpillar and U.S. Chamber Oppose LNG Export Restrictions
Caterpillar, based in Peoria, Illinois, released a statement that it opposed limitations on LNG exports because they would discourage economic growth and be counterproductive to U.S. efforts to keep other countries from embracing similar policies.
John Murphy, Vice President for International Affairs at the U.S. Chamber of Commerce, writes in Politico that companies should be free to export domestically produced LNG and that restrictions on LNG exports would be hypocritical in light of America’s export policy traditions and trade law.