The Energy Policy Modernization Act incorporates pieces of 114 different bills as well as addresses a few of the farm bill energy issues, exports of liquefied national gas (LNG) and some commodity trading issues related to energy.The Senate Energy and Commerce Committee passed The Energy Policy Modernization Act last week by a vote of 18-4. It incorporates pieces of 114 different bills that have been introduced under four titles: Efficiency, Supply, Accountability and Conservation Reauthorization. The legislation addresses a few of the farm bill energy issues, exports of liquefied national gas (LNG) and some commodity trading issues related to energy. Items of interest include:

Streamlining the LNG export permitting process by requiring...