The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

lng-exports  energy  natural-gas 

Mark Green

Mark Green
Posted May 13, 2013

The Associated Press has this look at momentum for exporting U.S. natural gas, driven by an abundance of natural gas from shale via hydraulic fracturing. Bill Cooper, president of the Center for Liquefied Natural Gas, tells AP:

“LNG exports are a huge opportunity for the United States economy, our workers and our geopolitical relationships with countries such as Japan that are seeking to import natural gas. LNG exports will create jobs, increase government revenue and benefit consumers.”

Cooper is right. Studies – like this one for the Energy Department and this one by ICF International – show how America’s wealth in natural gas from shale could support demand here and overseas, to America’s benefit in terms of job and economic growth.

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emissions  energy  lng-exports  hydraulic-fracturing  natural-gas 

Mary Leshper

Mary Schaper
Posted April 19, 2013

Forbes LNG Exports Would Have Minimal Impact on U.S. Prices

Although some say exporting U.S. natural gas would increase domestic prices, a Deloitte analysis says “the impact domestically is small in terms of upward price movement, and the impact (of exports) on the economy is very large… So exporting should be a good idea.”

Wall Street JournalRise in U.S. Gas production fuels Unexpected Plunge in Emissions

Last year, the paper reports, 30 percent of power in the U.S. came from natural gas, up from 19 percent in 2005, driven by hydraulic fracturing and horizontal drilling that have unlocked large and inexpensive new supplies of the fuel. This increase in natural gas production has helped drop  U.S. CO2 emissions to their lowest level since 1994.

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energy  hydraulic-fracturing  lng-exports  natural-gas 

Mary Leshper

Mary Schaper
Posted March 21, 2013

U.S. News and World Report – U.S. Oil Production Set to Surpass Imports for First Time in 20 Years

Thanks in large part to surging production from shale via hydraulic fracturing, America’s domestic energy production  is projected by the government to reach another milestone: outpacing imports for the first time since 1995. EIA projects oil production will be 2 million barrels a day higher than imports by the end of next year.

Platts – U.S. Energy Industry Must Oppose Efforts to Restrict LNG Exports

"Proposals to block LNG investments ... represent a selective and harmful departure from the free market and free trade principles,” ExxonMobil Chemical President Stephen Pryor said at an IHS petrochemical conference this week. Platts has more on natural gas development and exports.

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department-of-energy  development  employment  lng-exports  natural-gas-supply 

Erik Milito

Erik Milito
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 EnergyThe Brookings InstituteICF 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.

The employment impact analysis is flawed because it assumes no incremental natural gas production.

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state-of-the-union  lng-exports  keystone-xl  fracking  energy  oil34 

Mark Green

Mark Green
Posted February 12, 2013

OK, so here’s the deal: Seldom is the annual State of the Union message going to be confused with the Gettysburg Address for lyric quality. Historically, presidents use the speech to set out detailed policy agendas. As listeners seek focus during an oration that might stretch an hour or more, we’re here to help.

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trade  natural-gas  lng-exports  energy 

Mark Green

Mark Green
Posted February 4, 2013

Why isn’t the world’s leading producer of natural gas also its leading exporter – or at least among the world’s top exporters? The answer is nearly as simple as the first two: Because so far we’re not taking full advantage of our resources by recognizing the export opportunities out there and working to supply them.

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access  energy-economy  lng-exports  natural-gas 

Mark Green

Mark Green
Posted January 18, 2013

One argument being made against the export of U.S. liquefied natural gas (LNG) is that exports might create a domestic natural gas shortage, harming consumers and industries that use natural gas to make things or to power their operations. The chart below shows that this line of attack is just fear mongering.

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lng-exports  lng34  energy-policy  domestic-energy 

Mark Green

Mark Green
Posted December 27, 2012

The continuing debate over America’s shale energy wealth – both natural gas and oil – boils down to this: Will we safely and responsibly develop those resources with cutting-edge fracking technology or fumble away an historic chance to take greater control over our energy future by leaving those resources in the ground?

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natural-gas  lng-exports  trade  us-energy-security  russia 

Mark Green

Mark Green
Posted January 1, 1

A couple of new data points from the government show the importance of U.S. liquefied natural gas (LNG) exports to America’s trading posture and its global energy security role as a growing supplier of natural gas. First, the U.S. Energy Information Administration (EIA) reports that the U.S. exported more natural gas than it imported in three of the first five months of this year – February, April and May – which is historic since the U.S. has been a net importer (on an average annual basis) for nearly 60 years. In addition, EIA projects that the U.S. will be a net natural gas exporter for the year in 2017.

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