“The U.S. has undergone nothing less than an energy revolution over the past decade – shifting from a nation of energy dependence to a nation of energy abundance. The U.S. became the top natural gas producer in 2010, the largest combined oil and natural gas producer in 2013, and the largest oil producer in 2014. […]
“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 […]
“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 […]
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 […]