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Author: 2828 Big funky green star, 20000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 775984  
Subject: Hey! You Know What CAN Wait? Date: 1/10/2013 4:48 PM
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http://hotair.com/archives/2013/01/10/by-all-means-lets-hold...

The federal government currently has holds placed on the export of liquified natural gas (LNG) to countries with which we do not already have special free-trade agreements, and while over a dozen outstanding applications to do so from energy companies wait in the wings, the Department of Energy was stalling to give more time to a report they commissioned to determine whether more widespread exporting of LNG would be in the United States’ overall interests (which is just plain silly, since the U.S. government actively supports exports in other economic sectors — demonstrating just how willing our lawmakers are to bend over backwards for well-monied special interests rather than the long-run general welfare).

The findings were repeatedly delayed (until after the election, cough), but the final report ultimately concluded that — shocker – free trade is not a zero-sum game, and that the further export of natural gas would be a boon to the United States in terms of productive private-sector job creation and economic growth (not to mention some possible geopolitical benefits!). Opponents (on behalf of environmentalist and niche manufacturing interests) took the protectionist tack and claimed that allowing exports might raise domestic prices, but there is ever-mounting evidence that, as ever, more free trade usually leads to more net wealth in general:
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With that said, we need more time to study, oh Biden will be out with his gun control recommendations on monday.
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