Exporting natural gas would benefit the U.S. economy even if it led to higher domestic prices for the fuel, according to a study commissioned by the Energy Department.
The study was commissioned to help guide officials as they decide whether to approve 15 liquefied natural gas export applications now under review by the department. The report’s findings could push the department to approve some or all of the applications.
Companies are hoping to export U.S. natural gas because it is cheaper by at least half than natural gas in Europe and Asia.
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1 comment:
The hole the US is in is too deep.Just maintaining over the next decade will be a major accomplishment.Exports of any nature will of course help,but certainly not to be mistaken for a recovery.I'm a optimistic person,but a time frame of 25 years for a conservative recovery is more realistic.
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