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Shell expects LNG demand to grow over 50% by 2040, which should benefit project developers.

President Biden's pause on approving new LNG export terminals could protect U.S. consumers from up to $18 billion in new energy costs.

(Bloomberg) -- President Joe Biden’s decision to pause approval of new liquefied natural gas export licenses is an opportunity for Canada as the country prepares to start exporting the fuel, Alberta’s premier said.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaUkraine’s Army Chief Replaced After Rift With ZelenskiyNew York City Is Considering a Laundry Pods CrackdownEinhorn Says Markets ‘Fundamentally Broken’ By Passive, Quant InvestingMcKinsey Places 3,000 S

A notoriously vague delegation of congressional authority lets the president play politics with global energy security.

(Bloomberg) -- Business organizations from the US, Europe and Japan called on the Biden administration to reverse a decision to freeze approvals of new licenses for liquefied natural gas export facilities.Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetSingapore’s $200,000 Toyotas Fuel Angst Over Wealth GapHouthi Hit on Russian Fuel Has Traders Recalculating RisksThree US Troops Killed in Attack Tied to Iran-Backed GroupsTrump’s Cash Stockpile at Risk From