U S Natural Gas Exports: New Opportunities, Uncertain Outcomes
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Item specifics
- Condition
- ISBN
- 9781507868041
- Book Title
- U. S. Natural Gas Exports: New Opportunities, Uncertain Outcomes
- Book Series
- Crs Reports
- Publisher
- CreateSpace
- Item Length
- 11 in
- Publication Year
- 2015
- Format
- Trade Paperback
- Language
- English
- Item Height
- 0.1 in
- Genre
- Political Science
- Topic
- International Relations / Trade & Tariffs
- Item Weight
- 4.8 Oz
- Item Width
- 8.5 in
- Number of Pages
- 32 Pages
About this product
Product Identifiers
Publisher
CreateSpace
ISBN-10
1507868049
ISBN-13
9781507868041
eBay Product ID (ePID)
234501486
Product Key Features
Book Title
U. S. Natural Gas Exports: New Opportunities, Uncertain Outcomes
Number of Pages
32 Pages
Language
English
Publication Year
2015
Topic
International Relations / Trade & Tariffs
Genre
Political Science
Book Series
Crs Reports
Format
Trade Paperback
Dimensions
Item Height
0.1 in
Item Weight
4.8 Oz
Item Length
11 in
Item Width
8.5 in
Additional Product Features
Intended Audience
Trade
Synopsis
As estimates for the amount of U.S. natural gas resources have grown, so have the prospects of rising U.S. natural gas exports. The United States is expected to go from a net importer of natural gas to a net exporter by 2016. With recent natural gas prices relatively low compared to global prices and historically low for the United States, producers are looking for new markets for their natural gas. Projects to export liquefied natural gas (LNG) by tanker ship have been proposed-cumulatively accounting for over 60% of current gross U.S. natural gas production. Pipeline exports, which accounted for 99% of all exports of U.S. natural gas in 2013, are also likely to continue rising. However, under the Natural Gas Act, the Department of Energy (DOE) and the Federal Energy Regulatory Commission (FERC) must authorize the export of the natural gas commodity and related facilities, respectively. This overarching federal role in the expansion of U.S. natural gas exports has been the subject of ongoing oversight and debate in Congress. What effect exporting natural gas will have on U.S. domestic prices is a central question in the debate over whether to export. A significant rise in U.S. natural gas exports would likely put upwards pressure on domestic prices, but the magnitude of any rise is uncertain. There are numerous factors that will affect prices: export volumes, economic growth, differences in local markets, and government regulations, among others. Producers contend that increased exports will not raise prices significantly as there is ample supply to meet domestic demand, and there will be the added benefits of increased revenues, trade, and jobs, and less flaring. Consumers of natural gas, who also benefit from the current low prices, fear prices will rise if natural gas is exported. The DOE's most recent price study concluded that greater LNG exports "result in higher levels of real gross domestic product (GDP), which more than offsets the adverse impact of somewhat higher energy prices." Export opponents have been critical of DOE's conclusions. Environmental groups are split regarding natural gas use, with some favoring increased use to curb emissions of certain pollutants, while others oppose expanded use of natural gas because it is not as clean as renewable forms of energy, such as wind or solar. The use of hydraulic fracturing to produce shale gas for export markets has also raised concerns among environmental groups particularly concerned with its possible impacts on groundwater quality. The possibility of a significant increase in U.S. natural gas exports will factor into ongoing debates on the economy, energy independence, climate change, and energy security. Congressional interest has focused on the DOE's process and criteria for approving LNG commodity exports to non-free trade agreement (FTA) countries. Several bills in the 114th Congress would facilitate the approval of such permits. Both the House and Senate versions of the LNG Permitting Certainty and Transparency Act (H.R. 351 and S. 33), the Domestic Prosperity and Global Freedom Act (H.R. 89), and the Export American Natural Gas Act of 2015 (H.R. 428) would impose various deadlines on DOE export permit decisions. The American Job Creation and Strategic Alliances LNG Act (H.R. 287) would extend free trade treatment to World Trade Organization member nations with respect to LNG export permitting by DOE. The Crude Oil Export Act (H.R. 156) would repeal limitations on export of Outer Continental Shelf natural gas under the Outer Continental Shelf Lands Act (43 U.S.C. 1354). Other bills have been introduced that would affect natural gas production and infrastructure.
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- f***f (1544)- Feedback left by buyer.Past 6 monthsVerified purchaseExcellent Seller, Goes the Extra Mile. The Seller Was Incredibly Communicative. Smooth Transaction, Shipped Very Quickly, As Advertised; Good Price; Well Packaged & Delivered Within a Few Days. Item in Described Promised Condition, Thank You Very Much!!!!!!!!!!! A+
- n***g (584)- Feedback left by buyer.Past 6 monthsVerified purchaseReliable SELLERS like this one are the reason why I’ve started using and following these professionals on eBay and have left the terrible Amazon shipped products. Absolutely 100% perfect transaction. Item arrived earlier than expected, well packaged and in absolutely MINT appearance and condition!!! Amazon would learn a thing or two when it comes to businesses like this where the price is right and the item actually arrives as described and in perfect collector's quality. A+!!!
- 9***p (1163)- Feedback left by buyer.Past 6 monthsVerified purchaseI'm very with the quality and condition of the item that I purchased from this seller. I value when I get a great product. The appearance of my item was just as the pictures were. I'm totally pleased with my purchase and the communication between me and the seller. I'm very pleased with the shipping of my item. My item arrived on time and in great condition. I'm recommending anyone to look at this seller's store and I highly recommend anyone to purchase from this seller.