In the News

The Department of Energy Receives Messages of Support for Its Macroeconomic Report on LNG Exports

The Center for Liquefied Natural Gas (CLNG) is pleased to note that the Department of Energy (DOE) has already begun to receive statements of support for its recent macroeconomic study on LNG exports from key political, industry and community leaders.

Here is what they are saying:

“New markets for this resource will help curb the ‘boom or bust’ cycle we often see in natural gas drilling. With supply outstripping domestic demand, we are already experiencing a significant decrease in drilling activity. Opening overseas markets will help keep exploration and production efforts up and running. That will support our business, but it will also help ensure that our nation has adequate and affordable supplies of this valuable energy resource.” – Canton Regional Chamber of Commerce, 1/11/13

“American shale gas development represents a truly historic opportunity for our nation. Moving forward with the timely permitting of LNG exports to our nation’s allies and global trading partners will lead to more American job creation, economic growth, a reduction in our trade imbalance, and cleaner air – all of which is in the public interest.” –Marcellus Shale Coalition, 1/10/13

“The NERA report noted that LNG exports ‘provide an opportunity for natural gas producers to realize additional profits.’ Overseas capital will also help support construction of the facilities needed for LNG exporting, particularly liquefaction plants. This, of course, would directly benefit shale development and foster industrial growth as a whole, particularly in manufacturing.” –Youngstown/Warren Regional Chamber, 1/9/13

“As our Country continues the journey towards a full economic recovery, this burgeoning industry could provide needed support by creating jobs, improving our national trade balance, and generating economic activity that will ripple across the entire nation. As other countries with abundant shale gas work tirelessly to duplicate the success we have had with natural gas production, the U.S. should move quickly to maintain the healthy advantages we currently possess over those that wish to compete in the global supply market.” –Calvert County Board of County Commissioners, 1/8/13

“Allowing these sales will dampen the ‘boom or bust’ phenomenon that has marked natural gas exploration and production. Additional sales could provide a new outlet for domestic production and prevent dramatic downturns in drilling when domestic supply outstrips demand. This will help keep natural gas available and affordable for homes, businesses and power plants, in West Virginia and throughout our nation.” – West Virginia Chamber of Commerce, 1/4/13

“Exporting part of our abundant natural gas resources as LNG is a strategically important and positive step that we should pursue. Now that the Department of Energy (DOE) has released its study on the macroeconomic impacts of LNG exports, I believe it is imperative that your department quickly approve all pending export applications for non-free trade agreement countries.” –Matthew E. Baker, Pennsylvania State Representative, 1/4/13

“We urge you to take the steps necessary to expedite the approval process for the export of LNG. Building the energy infrastructure necessary to allow market-based exports of liquefied natural gas will not only add stability to the energy production cycle in our region, it will create more American jobs, help reverse economic downturns, and continue reviving once declining industries.” – Pennsylvania State Senators Jacob D. Corman, Richard Alloway, III, John P. Blake, Lisa Boscola, Patrick M. Browne, Edwin B. Erickson, Scott Hutchinson, Bob Mensch, John C. Rafferty, Jr., Robert D. Robbins, Patricia H. Vance, Elder A. Vogel, Jr., Randy Vulakovich, Don White, John N. Wozniak, Gene Yaw, John T. Yudichak, 1/2/13

“Many parts of the country would benefit greatly from the new jobs that will come from expanded exports. We in Houston believe that the export of LNG can be accomplished safely and without causing any impact on the environment.” –Annise D. Parker, Mayor of Houston, Texas, 12/7/12