Back to OurEnergyLibrary search

Macroeconomic Impacts of LNG Exports from the United States

Macroeconomic Impacts of LNG Exports from the United States

Full Title:  Macroeconomic Impacts of LNG Exports from the United States
Author(s):   W. David Montgomery,  Robert Baron,  Paul Bernstein,  Sugandha D. Tuladhar, Shirley Xiong, and Mei Yuan
Publisher(s):  NERA Economic Consulting
Publication Date: December 1, 2012
Full Text: Download Resource
Description (excerpt):

At the request of the U.S. Department of Energy, Office of Fossil Energy (“DOE/FE”), NERA Economic Consulting assessed the potential macroeconomic impact of liquefied natural gas (“LNG”) exports using its energy-economy model (the “NewERA” model). NERA built on the earlier U.S. Energy Information Administration (“EIA”) study requested by DOE/FE by calibrating its U.S. natural gas supply model to the results of the study by EIA. The EIA study was limited to the relationship between export levels and domestic prices without considering whether or not those quantities of exports could be sold at high enough world prices to support the calculated domestic prices. The EIA study did not evaluate macroeconomic impacts.

NERA’s Global Natural Gas Model (“GNGM”) was used to estimate expected levels of U.S. LNG exports under several scenarios for global natural gas supply and demand.

NERA’s NewERA energy-economy model was used to determine the U.S. macroeconomic impacts resulting from those LNG exports.

All statements and/or propositions in discussion prompts are meant exclusively to stimulate discussion and do not represent the views of, its Partners, Topic Directors or Experts, nor of any individual or organization. Comments by and opinions of Expert participants are their own.

Sign up for our Press Release Distribution List

    Your Name (required)

    Your Email (required)

    Please sign me up to receive press releases from