• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Venango County Tea Party Patriots

A non-partisan, non-profit, non-member, association dedicated to educating the public and promoting the principles of fiscal responsibility, constitutionally limited government and free market economics, and all other lawful activities.

  • Home
  • Resources
    • Resources – National
    • Resources – Pennsylvania
    • Resources – Venango County
    • Election Voter Registration Resources for Churches
    • Voter Resources
    • Resources – Other Organizations
  • Voter Registration Tools
  • Events
  • Alerts
  • Get Email Alerts
  • Contact Us

Jane Richey / February 12, 2013

Government Should Lift Restrictions on Natural Gas Exports

With the glut of natural gas and low gas prices in the United States, energy producers are seeking to liquefy and ship domestic natural gas to foreign markets. Exporting natural gas would provide a huge boon to the U.S. economy since it would expand market opportunities for American companies, and the higher prices would act as incentives for more exploration and production domestically. Unfortunately, the U.S. Department of Energy has delayed decisions on export licenses, preventing America from realizing its energy export potential. The Heritage Foundation’s Nicolas Loris explains how the economic benefits of exporting natural gas are immense, why the economic concerns are exaggerated, and why Congress should lift restrictions on natural gas exports.

Technological advancements in directional drilling and hydraulic fracturing have led to an abundance of natural gas production in the United States that is fundamentally changing the energy landscape. The result has been more jobs, economic growth, and consistently low domestic natural gas prices in what has been known to be a historically volatile market. In fact, the current price of natural gas may be too low to sustain the current rate of development, as producers are flaring gas and in some cases not even drilling for new dry gas wells. Many producers are seeking to expand to foreign markets where prices are also much higher.

Unfortunately, the current regulatory regime surrounding natural gas has not adjusted to this huge influx of supply, particularly in the area of export regulations. The Department of Energy (DOE) is delaying decisions to approve applications due to concerns raised by some policymakers and energy-intensive companies that domestic prices will increase and adversely affect American energy consumers.

Read more.

Share this:

  • Telegram
  • Facebook
  • Twitter
  • LinkedIn
  • Pocket
  • WhatsApp
  • Print
  • Email

Filed Under: Constitutionally Limited Goverment Tagged With: Department of Energy, foreign markets, natural gas

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

Recent Posts

  • 2 MARCHES To Consider
  • Update on Voter Fraud
  • Next Meeting – Sept. 24

Archives

Footer

Contact Us

Venango County Tea Party Patriots
155 Summit Drive
Franklin, PA 16323

Phone
814-671-7110

Email
jane@vctpp.org

Frequently Searched Terms

Agenda 21 Barack Obama Ben Bernanke budget climate change Congress Congressional Budget Office debt deficit Department of Energy Department of Health and Human Services economy environment Environmental Protection Agency EPA Federal Reserve fiscal cliff food stamps fracking gas prices global warming Government Accountability Office Governor Corbett green energy Internal Revenue Service IRS Keystone Pipeline marcellus shale Medicaid Medicare natural gas Obamacare President Obama recession regulations sequestration small businesses Social Security spending cuts stimulus taxes TEA Party unemployment United Nations voter ID

Facebook has been “fact-checking,” blocking and removing conservative posts. Follow us on Telegram.org for unedited access.

Click Here

Follow Us

Follow Us

Copyright © 2021 Venango County Tea Party Patriots · Web Design by OptimusMedia.com · Log in

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.