Global demand for liquefied natural gas is growing rapidly, and the U.S. has it. But what's causing angst in the industry are regulators: Can our government agencies license exports fast enough for U.S. producers to get in on that rising LNG market before before foreign competitors eat their lunch?
Senate Majority Leader Harry Reid currently has 57 Democrats on board, with two Republicans seemingly inclined to vote in favor as well. That leaves Reid one vote short.
On Tuesday, the Unlawful Internet Gambling Enforcement Act will go into effect, prohibiting financial institutions from transferring funds to so-called "unlawful Internet gambling" sites.
In Senate hearings, the Minerals Management Service came under fire for its poor regulation of offshore drilling. This contributed to the Gulf oil spill, shaping up to be the nation's worst environmental disaster ever.
