My opinion is that more benefits can be gained by keeping the NG in the US, or at least just in North America. As stated in your blog industrial bills as well as consumer bills will increase as the excess supply is exported. In my opinion there will be a stronger negative impact on GDP than the exporting benefit. The analysis will tell the story. However, the analysis will largely be based on current conditions. The potential growth in several industries such as NG transportation that could be driven by low NG prices could be underestimated. I think NG could be the answer to several problems facing the US if it is analyzed and decided upon with the long term potential in mind.
Exporting is good for economy, but natural gas is limited (eventhough it was said to last 100 years, no onoe can be so sure). In stead of exporting, just keep lowering price will be good for consumers.
My opinion is that more benefits can be gained by keeping the NG in the US, or at least just in North America. As stated in your blog industrial bills as well as consumer bills will increase as the excess supply is exported. In my opinion there will be a stronger negative impact on GDP than the exporting benefit. The analysis will tell the story. However, the analysis will largely be based on current conditions. The potential growth in several industries such as NG transportation that could be driven by low NG prices could be underestimated. I think NG could be the answer to several problems facing the US if it is analyzed and decided upon with the long term potential in mind.
ReplyDeleteExporting is good for economy, but natural gas is limited (eventhough it was said to last 100 years, no onoe can be so sure). In stead of exporting, just keep lowering price will be good for consumers.
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