Full Title: Macroeconomic Outcomes of Market Determined Levels of U.S. LNG Exports
Author(s): Jared Ciferno, Anthony Zammerilli, Karl Lang, Michael Tennyson
Publisher(s): NERA Economic Consulting
Publication Date: June 1, 2018
Full Text: Download Resource
Description (excerpt):
Since 2012, the Department of Energy’s Office of Fossil Energy (DOE/FE) has commissioned five studies to examine effects of U.S. liquefied natural gas (LNG) exports on the U.S. economy and energy markets. The first study, Effect of Increased Natural Gas Exports on Domestic Energy Markets, was performed by U.S. Energy Information Administration (EIA) and published in January 2012 (EIA Study). The second study, Macroeconomic Impacts of LNG Exports from the United States, was performed by NERA Economic Consulting (NERA) and published in December 2012 (2012 Study). The third study, Effect of Increased Levels of Liquefied Natural Gas Exports on U.S. Energy Markets, was performed by EIA and published in October 2014 (2014 Study). The fourth study, The Macroeconomic Impact of Increasing U.S. LNG Exports, was performed jointly by the Center for Energy Studies at Rice University’s Baker Institute and Oxford Economics and published in October 2015 (2015 Study). This current study (2018 Study) is the fifth.