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Energy execs says tariff gambit could hit shale, LNG project costs
Reuters: Energy executives say the Trump administration’s proposed steel and aluminum tariffs could bump up the cost of big-ticket projects needed for rapidly rising U.S. shale oil and gas output by three to 10 percent.
Higher construction costs could slow growth in production and exports of crude and natural gas from shale that has made the United States the world’s largest gas producer and second largest oil producer.
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