AGA Not Opposed to U.S. LNG Exports
The American Gas Association (AGA) today filed comments with the U.S. Department of Energy (DOE), Office of Fossil Energy in response to DOE’s Notice of Availability of 2012 LNG Export Study and Request for Comments issued on Dec. 11, 2012. The Notice was seeking public input on the results of a study of the macroeconomic impacts of increased exports of liquefied natural gas (LNG) to help inform DOE’s determination of the public interest in considering authorizations to export LNG.
According to the comments: "In AGA’s view, natural gas is the foundation fuel for a clean and secure energy future, providing benefits for the economy, our environment and our energy security. AGA has confidence in America’s natural gas resource base and its ability to satisfy existing demand and new markets for natural gas at competitive prices for many years to come. Accordingly, AGA does not oppose the exportation of natural gas as LNG."
AGA has examined data on geologic formations, utility infrastructure, economic factors, and federal and state policies to shape a forward-looking view of natural gas, and expects that for the next decade and beyond, domestic natural gas supplies will be sufficiently robust to meet growth in demand across all sectors, including with respect to LNG exports. This Promise of Natural Gas highlights the fact that the country has experienced a transformational shift in the perceived role of natural gas from an energy source sometimes seen as unreliable and scarce ten years ago, to one that is now recognized as a foundation fuel for a clean and secure energy portfolio.
Dave McCurdy, AGA’s President and CEO, added, "Natural gas utilities are delivering the promises of a cleaner environment, a more secure nation and a more robust economy, while providing reliable energy at stable prices for consumers across the nation. We have a strong and diverse resource base for this foundation fuel, and AGA is confident that our domestic supplies of natural gas can meet current and increased demand at stable prices into the future."
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