The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

shale-energy  lng-exports  fracking-chemicals  hydraulic-fracturing  horizontal-drilling  natural-gas-pipelines 

Mary Leshper

Mary Schaper
Posted November 12, 2014

EIA Today in Energy Blog: Increased natural gas production is projected to satisfy 60% to 80% of a potential increase in demand for added liquefied natural gas (LNG) exports from the Lower 48 states, according to recently released EIA analysis. The report, Effect of Increased Levels of Liquefied Natural Gas Exports on U.S. Energy Market, considered the long-term effects of several LNG export scenarios specified by the Department of Energy's Office of Fossil Energy (FE). The study also considered implications for natural gas prices, consumption, primary energy use, and energy-related emissions. Effects on overall economic growth were positive but modest. A discussion of caveats and limitations of the analysis is also included.

Read More