“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 [...]
Global Benefits of Increased US LNG Exports
April 5, 2013 Fact Sheets, Resources
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 [...]
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Download the study. One area where the federal government has the ability to significantly impact the internal and external market dynamics for gas is in export permitting. While there is a need to evaluate and ensure that natural gas exports are in the “public interest,” it appears that U.S. trade policy, well-substantiated trade theory, and several recent studies [...]
Experts: The U.S. Has an Abundant Supply of Natural Gas
February 4, 2013 Fact Sheets, Resources
Download the entire fact sheet. Reserve Estimate (tcf) Potential Gas Committee 2,384 ICF 3,850 U.S. Geological Survey 1,720 Advanced Resources International 1,189 Brookings Institution, “Liquid Markets: Assessing the Case for U.S. Exports of Liquefied Natural Gas” (May 2, 2012): “There have been a number of reports and studies that attempt to identify the [...]
Download the full study. The Deloitte Center for Energy Solutions predicts exports of natural gas would boost domestic prices only slightly, while lowering them for several U.S. allies. The report agreed with the DOE-commissioned third party study by NERA Consulting that the U.S. economy would see net benefits, and also saw that U.S. allies abroad [...]
DOE Macroeconomic Study on LNG Exports: Key Findings
January 8, 2013 Fact Sheets, Resources
Download the PDF DOE MACROECONOMIC STUDY ON LNG EXPORTS: KEY FINDINGS LNG AN ECONOMIC WINNER FOR THE ENTIRE U.S. ECONOMY “[F]or every one of the market scenarios examined, net economic benefits increased as the level of LNG exports increased. In particular, scenarios with unlimited exports always had higher net economic benefits than corresponding cases with limited exports.” [...]
Download the study. Written by NERA Economic Consulting, the Department of Energy study on LNG exports found that the U.S., in all scenarios, would see an economic boost from exporting natural gas. In fact, economic benefits would increase as the level of LNG exports increased. According to the report, any increase in domestic natural gas [...]
What Others Are Saying
September 30, 2012 Fact Sheets, Resources
Read what other independent experts and public officials are saying about LNG exports. “We believe, however, that LNG exports can buttress US geopolitical leadership and trade, while at the same time continuing to support low domestic natural gas prices and a renaissance in domestic manufacturing. In addition LNG exports offer the potential for lower global [...]