The U.S Department of Energy recently released a study conducted by the National Energy Technology Laboratory which found that U.S. liquefied natural gas (LNG) exports to Europe and Asia would significantly reduce global greenhouse gas (GHG) emissions. While it was previously known that increased natural gas usage could help the U.S. reduce its own GHG [...]
President Obama, Secretary of State Kerry and leaders of the European Union have clearly stated that additional global supplies of liquefied natural gas (LNG) will “benefit Europe and other strategic partners.” The President has the opportunity to send a clear signal that the U.S. is committed to enhancing the collective energy security of our allies and [...]
“In all of the scenarios analyzed in this study, NERA found that the U.S. would experience net economic benefits from increased LNG exports.” “Across the scenarios, U.S. economic welfare consistently increases as the volume of natural gas exports increases. This includes scenarios in which there are unlimited exports.” “Unlimited exports always create greater benefits than [...]
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“The analysis presented in this report considered the relative impact of a realistic range of supply and demand drivers that will shape future U.S. energy markets and, in particular the market for natural gas. “The scenario analysis revealed that within the suite of natural gas supply and demand assumptions considered, there are ample domestic supplies [...]
“This report looks at some of the tremendous benefits that have emerged for the U.S. economy due to a vast expansion in natural gas production in less than a decade. In particular, this report focuses on the growth in jobs and the number of small and midsize businesses in key energy sectors, including in states [...]
Download the full fact sheet The benefits of the shale energy boom in the United States are the subject of much attention, but this energy revolution will also provide important international benefits as the prospect of US liquefied natural gas (LNG) exports becomes more apparent. According to the International Energy Agency (IEA), the factors that [...]
“Technological advances in natural gas drilling have opened up vast new resources, leading to a surge in domestic natural gas production in recent years. As a result, the U.S. is awash in natural gas, and prices have plummeted. Meanwhile, in Asia, prices have skyrocketed. Japan, the largest consumer of liquefied natural gas (LNG) in the [...]