Liquefied natural gas exports: an opportunity for America

Liquefied natural gas exports: an opportunity for America / Gary Clyde Hufbauer, Allie E. Bagnall, and Julia Muir. Peterson Institute for International Economics, Feb. 2013, 19 p.

http://www.piie.com/publications/pb/pb13-6.pdf

Prohibitions  or restrictions on US exports of liquefied natural gas (LNG) are a bad idea. LNG exports will deliver economic benefits to the US economy. The US Department  of Energy should approve pending LNG export applications for projects at an  advanced planning stage, in conjunction with appropriate regulation to limit  environmental dangers from wells to ports. Three strong considerations support  this recommendation: (1) The United States regularly opposes export restraints  on natural resources by other countries; (2) contrary action by the United  States would violate World Trade Organization rules and lead foreign nations to  ignore the rules as well; and (3) LNG export restrictions would contradict the  Obama administration’s stated goal of growing US exports. (© Peterson Institute)


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