U.S. Regulations Set to Boost Imports
Article from: OGEL 1 (2006), in Liquefied Natural Gas (LNG)
Introduction
"Any intelligent fool can make things bigger [and] more complex. It takes a touch of genius - and a lot of courage - to move in the opposite direction." While Einstein was certainly not referring to regulatory regimes, the principle he taught is equally applicable to the propensity of governments to over-regulate industries, stifling growth and deterring investment. The regulatory environment in the US has arguably done just that to the country's LNG industry in recent years. However, all this has changed within the last year, with the adoption of a more encouraging US Federal ...