Global Trade
Natural gas exports to create jobs and economic benefits, new studies conclude
Last week the White House announced its intention to make America “a magnet for jobs and manufacturing so we continue to build things the rest of the world buys.” One way to advance that worthy ambition – and to give the overall economy a much-needed lift – would be for the Obama administration to give…
Economic experts favor free markets for LNG trade
The national discussion on the export of liquefied natural gas (LNG) is raising several important issues with policymakers, and the American Council for Capital Formation (ACCF) recently assembled a roundtable of economic experts to clarify some of them. In publishing a transcript of that discussion, which it did yesterday, ACCF makes a significant contribution to…
The benefits of trade for global prosperity and diplomacy
My previous post discussed the abundance of natural gas brought on by energy production from shale and other so-called unconventional sources. This new energy paradigm offers tremendous economic and environmental benefits to the American people. It can also help the United States advance its global trade and diplomacy aims. National Security Advisor Tom Donilon spelled…
From scarcity to abundance in 10 short years
What a difference a decade makes. That’s the thought crossing my mind this week as thousands of delegates meet in Houston for the 17th International Conference and Exhibition on Liquefied Natural Gas, better known as LNG 17. The conference is the world’s premier LNG event, bringing together industry leaders, government figures, academics and others to…
A good take on exports and trade law
I want to draw your attention to an important policy brief just issued by the Peterson Institute for International Economics, which provides further evidence for why natural gas exports present such a valuable economic opportunity for the United States. More than that, the Peterson Institute paper is a valuable read because it provides one of the best distillations that I have seen of the legal and regulatory issues involved with natural gas trade issues.
Energy exports = American job creation
As the national discussion on natural gas policy continues, let me call your attention to some important numbers on job creation and the likely economic benefits of increasing exports of energy products like liquefied natural gas (LNG). Preliminary data from a forthcoming study on the economic ramifications of LNG exports hint at a wide range of benefits from the export opportunities made possible by America’s new abundance of natural gas.
