Bipartisan Policy Center Releases Energy Blueprint
The Bipartisan Policy Center’s Strategic Energy Policy Initiative, co-chaired by former Senators Byron Dorgan (D-N.D.) and Trent Lott (R-Miss.), has released a report titled “America’s Energy Resurgence: Sustaining Success, Confronting Challenges.” Addressing LNG exports, the report concludes that “LNG exports are likely to have only modest impacts on domestic natural gas prices—LNG exports will adjust as domestic prices rise or fall.” The report notes, however, that “addressing the environmental impacts of shale gas production is a critical precursor to approval of [LNG] export permits,” and recommends that as “long as state and federal regulators—along with both industry and stakeholders—continue to make strides to mitigate the environmental impacts of shale gas production, the federal government should approve [LNG export] permit applications.”