The Full Story on Natural Gas Exports
The Full Story on Natural Gas Exports / Charles K. Ebinger, Brookings, 17/01/2012
http://www.brookings.edu/opinions/2012/0117_natural_gas_ebinger.aspx
On December 4, Congressman Edward Markey of Massachusetts wrote a letter to Energy Secretary Steven Chu questioning the wisdom of exporting large quantities of U.S. natural gas. His concerns were wide-ranging and included the potential price impacts of exports and the residual impact of higher gas prices on electricity generation and manufacturing, the potential for more volatile natural gas prices, and the environmental impact of raising the cost of gas, which he characterized as a “bridge” fuel from coal to renewable energy…