The stakes of U.S. prosperity, LNG trade
By: Neil Brown and Marik String / Politico It is a rare opportunity that isolates Iran, undermines Russian energy dominance and broadly benefits the U.S. economy. But those are the stakes for Americannei prosperity as the Obama administration contemplates whether to allow the trade of natural gas with our closest allies. Whereas oil is freely traded on global markets, natural gas has traditionally been a regional commodity locked in pipelines, creating wide price disparities among global markets and making diplomatic relations with (and proximity to)…