Tuesday, December 18, 2012

Next Steps for U.S. Natural Gas Exports

Next Steps for U.S. Natural Gas Exports

gas drilling rig  photo courtesy of wikipedia http://en.wikipedia.org/wiki/File:BarnettShaleDrilling-9323.jpg

On December 5, the long-awaited study on the domestic economic effects of U.S. natural gas exports was released. The study
, commissioned by the U.S. Department of Energy (DOE), is the latest development in the ongoing deliberation on what the nation should do with abundant natural gas resources. DOE currently has 15 export permit approvals pending. For much of 2012, the permit review process was suspended while this study was completed. Now that the report has been released, speculation is rife as to when the next export authorization may be issued, and how many of the projects may ultimately be approved.

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