A Budding Energy Economy On The Texas Gulf Coast Is Not Without Its Risks

Experts say facilities that export liquefied natural gas are among the most expensive energy projects in the world, and they come with their own set of challenges..

By Travis BubenikApril 13, 2018 7:47 am| , , , ,

From Houston Public Media:

The seeds of a new energy economy are being planted on the Gulf Coast.

A handful of companies have sensed a new business opportunity in the abundance of natural gas currently being produced in the U.S. Their plan is to turn the gas into liquid, put it on ships and send it around the world.

This could make Texas a key source of power for growing economies, a prospect Governor Greg Abbott recently promoted on a trade mission to India. Still, there are big risks hanging over these multi-billion dollar projects.

Read more.