A prospective boom in U.S. exports of liquefied natural gas will have only a modest impact on domestic energy prices and the manufacturers using the fuel, according to a Brookings Institution study.
Gas would rise as much as 50 cents per million British thermal units if exports reached 9 billion cubic feet a day by 2035, according to Charles Ebinger, director of Brookings’ Energy Security Initiative and lead writer of the study released today. The U.S. has approved one terminal to export gas, and it isn’t scheduled to start operating until late 2015.
