Chemical Week Magazine :: Business & Finance :: United States/Americas
Dow: DOE’s new LNG export study is ‘baffling’, ‘misleading’
7:21 AM MST | December 14, 2012 | —Clay Boswell
A senior Dow Chemical executive has lambasted a report, commissioned by the US Department of Energy (DOE), that concludes the US economy would benefit more from the export of advantaged natural gas than from its domestic consumption. George Biltz, v.p./energy and climate change at Dow, called the report “baffling” during an interview. “We think there are some serious flaws,” he says. The report, “Macroeconomic Impacts of LNG Exports from the United States,” directly attacks a fundamental assumption underlying strategic...
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