Permitting major exports of natural gas would result in losses in labor and capital income in all energy-intensive sectors and increases in electricity prices, according to the report.
Sounds like a zero sum analysis. Exports will smooth out the boom and bust cycle. I am seeing claims, but no evidence for lower GDP based on open export markets.
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I’ve gone back and forth on this one. Right now there’s so much natural gas being flared off in the baaken and eagle ford that you can see it from space. both places look like large megalopolis’s. Its a waste. The price of natural gas could easily go up to 6 and the USA would still be a magnet for foreign manufacturers looking for cheaper natural gas.