Trump Backs LNG Projects, But His Trade War Could Hurt the Stocks
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The Trump administration’s steady approvals of liquefied natural gas projects are a boon for the industry. On Wednesday, the Trump administration approved the fifth liquefied natural gas project in less than 60 days, giving Venture Global a green light to export gas from a Louisiana plant known as Calcasieu Pass 2. Yet, LNG stocks are lagging behind the rest of the energy sector, and President Donald Trump’s tariffs look to be one reason.
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