Tag Archives: Energy Information Administration

LNG exports would drive up domestic natural gas prices

EIA’s summary: “Increased LNG exports lead to increased natural gas prices”. How can that be “consistent with the public interest” when there’s a cheaper, faster, cleaner, and safer way that would not push domestic natural gas prices up, namely solar and wind power? So even if the Sabal Trail pipeline wouldn’t take your land, risk your family and drinking water, or cost your taxes to pay for any leaks or explosions, if it exports through even those three already-authorized LNG export operations where it leads in Florida, it would run up the price of natural gas in the U.S. You don’t even have to believe T. Boone Pickens: you can read this eia report that was commissioned by the very same Office of Fossil Energy that authorized those three LNG export operations.

U.S. Energy Information Administraiton, 29 October 2014, Effect of Increased Levels of Liquefied Natural Gas Exports on U.S. Energy Markets, Continue reading LNG exports would drive up domestic natural gas prices