Posted March 15, 2013
Opponents of a free market for natural gas have been trumpetinga new study which purports to show that LNG exports would be an economic negative for the United States. This flies in the face of analysis done by the Department of Energy, The Brookings Institute, ICF International and others which showed that to boost economic activity open markets are the way to go. So we took a look at the study to figure out why their conclusions are not consistent with other industry or government projections. We found some serious biases and inconsistent assumptions added up to a fatally flawed report. Here are a few specifics.
ABOUT THE AUTHOR
Erik Milito is the Director of Upstream and Industry Operations for API. Erik’s work covers regulatory and legislative matters related to domestic exploration and production, including access to domestic oil and natural gas resources both onshore and offshore. Prior to his current position, Erik served as managing counsel at API, covering a host of issues, including oil and gas leasing, royalty, environmental, fuels, transportation, safety, and civil justice reform.