New Report Concludes Gas Used for Manufacturing Benefits U.S. Economy More than if Exported/CLNG Responds
Posted on Mar 15, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on New Report Concludes Gas Used for Manufacturing Benefits U.S. Economy More than if Exported/CLNG Responds
A recently released study, commissioned by Dow Chemical Company and prepared by Charles River Associates (CRA), concludes that the U.S. economy would benefit more if low priced natural gas supplies are used by U.S. manufacturers instead of being exported to other nations. The report finds that unlimited gas exports will drive up the domestic price of gas and will have a direct negative impact on U.S. employment, manufacturing, and the economy. Read more in the America’s Energy Advantage press release.
The Center for Liquefied Natural Gas has criticized the CRA study as containing errors and flawed assumptions.