DOE releases report on LNG exports' broader economic benefits

12/17/2012
Increased natural gas exports would broadly benefit the US economy, a Dec. 3 report commissioned by the US Department of Energy concluded. "Moreover, for every one of the market scenarios examined, net economic benefits increased as the level of LNG exports increased," the report by Washington, DC-based NERA Economic Consulting said. The new report followed one that DOE's Fossil Energy Office released in January. This report by the department's Energy Analysis Office suggested that US LNG exports could lead to higher prices, more production, less consumption, and more imports from Canada. FEO asked for it in August 2011. It commissioned the second study to determine how LNG expo...
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