December 2014

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DOE study examines impacts of US LNG exports The US Department of Energy’s office of Fossil Energy (DOE/FE) recently completed a study on the impact of exporting LNG on the US energy market. Ther..

DOE study examines impacts of US LNG exports The US Department of Energy’s office of Fossil Energy (DOE/FE) recently completed a study on the impact of exporting LNG on the US energy market. There are many supporters, as well as opponents, on the issue of exporting natural gas (NG) from the US. Using a 20-Bcf export volume, the study published several findings: 1) Increased LNG exports will raise domestic NG prices by 2% to 5%. 2) US NG markets are balanced in response to higher LNG exports through higher production rates. Most of the new NG demand will be satisfied by shale gas production. 3) End-user costs for NG and electricity will increase modestly with added LNG exports. Residen

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