US Energy department authorizing the sale of natural gas to Japan.
At the same time the Republicans are clamoring about expanding offshore drilling for oil and natural gas, the US Department of Energy is allowing the sale of billions of cubic feet (98.1 billion to be exact) of natural gas to the Japanese...while not allowing the same energy companies to sell it domestically, which would bring prices down.
I'm all for free market, and this is the exact OPPOSITE of free market. Instead of allowing competition between energy companies, the government is artificially raising energy prices here at home by allowing energy sales overseas (for higher profits) and not here at home.
I'm sure we all know that if that 98.1 billion feet of gas (just a small amount, which was authorized in the most recent order) was put on the true market and not funneled to Japan energy prices would drop. So why is the US government doing this?
Source for this:
http://wyden.senate.gov/newsroom/record.cfm?id=302677&