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Carpe Diem: LNG Exports a Once-in-a-Generation Opportunity for America

Carpe Diem: LNG Exports a Once-in-a-Generation Opportunity for America

Full Title: Carpe Diem: LNG Exports a Once-in-a-Generation Opportunity for America
Author(s): America's Natural Gas Alliance (ANGA)
Publisher(s): America's Natural Gas Alliance (ANGA)
Publication Date: April 1, 2015
Full Text: Download Resource
Description (excerpt):

The United States can be a global energy leader by exporting a share of our abundant natural gas supplies without sacrificing the competitive advantage enjoyed by domestic manufacturers. But we need to act soon.

The enormous reserves of natural gas in the United States have dramatically changed the global energy equation. The Potential Gas Committee’s1 (PGC) freshly issued biennial report has yielded for the sixth time in a row a record natural gas resource assessment. The bottom line: U.S. natural gas consumption in 2014 totaled 27 trillion cubic feet (Tcf), yet the total volume of U.S. natural gas recoverable with existing technology is 2,853 Tcf — more than 100 times greater.

ANGA urges the Department of Energy (DOE) to move forward as quickly as possible to approve all terminals now in its queue, and we ask Congress to enact legislation that enjoys strong bipartisan support to help expedite and provide certainty to the permitting process.

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