the project still must go through a rigorous safety review at the ferc. the u.s. has been a leader in the nuclear trade and i'm particularly excited about small modular reactors which has received a great deal of attention in terms of research and development. current designs can provide strong nuclear safeguards and maintain our commitment to international security. so renovating our export architecture will strengthen our global posture and send a strong signal to the world that must be heard. already you have policymakers in riad who speak of the balkan and the eagleford, in tokyo and new delhi they watch the marcellus and the permian. in moscow and budapest they look at the potential of the utica and the monterey. inaction, also has a cost. failing to renovate the crude oil export architecture could very well lead to disruptions in supply and production. ultimately we can only have this conversation because of our energy resurgence, an opportunity -- an opportunity orn of technological proess. american-made energy is the safest and most environmentally respons

ferc regulates cross-border natural gas pipelines. --e and her noble energy renewable energy flows to trading partners while nuclear exports are tightly regulated, as they should be. even professionals in the energy sector are unaware of the role federal trade agencies play in this area. the export import bank, the overseas private investment corporation, and the trade and development agency, and other entities, advance the u.s. energy trade. in legal terms, what we are talking about our laws such as 1938, thel gas act of atomic energy act of 1954, the energy policy and conservation executive5, and orders that stretch all the way back to the eisenhower administration. at thecent workshop center for strategic energy studies, they encourage participants to think about the regulation of energy exports in terms of the underlying chemistry. the chemical formulation for methane is ch4. you have one carbon atom and four hydrogen atoms. this can be sold to canada and mexico through a pipeline without much of a regulatory hurdle. if you want t

monitor the role of the other agencies that are involved in this, we have the fishing, the -- the ferc, the maritime 34-7bgs administration, it's important to understand whether or not this process is as streamlined and as functional as it should be. now, there are some who are suggesting that there needs to be a pause button pushed here, whether it's at d.o.e., at the ferc or any other agency. new study should be commissioned as the nearest study from 2012 i think is more than twad qawt, d.o.e. has access to all the latest e.i.a. and the market data when it issues its orders. our allies overseas and american workers here at home i think have waited long enough. we can do more and do it in an expedited manner. the third area are natural gas liquids. a variety of fuels are produced alongside oil and gas as part of the energy renaissance underway here in this country. have you butane, propane, pentanes plus, known as natural gas liquids. they've got various uses. they've not typically represented a major source of either revenue or volume to american exporters. and since the energy renai