Limits on LNG exports will reduce domestic gas development and slow economic recovery.
Dr. Jack Rafuse, former White House energy adviser and current principal of the Rafuse Organization, responded today to a new coalition of business interests that are seeking to block exports of U.S. natural gas. Rafuse calls the move an attempt to limit the production of domestic shale gas resources:
“Isolating the U.S. from global energy markets and limiting demand for domestic gas won’t grow the economy or improve America’s access to a secure and stable supply of energy,” said Rafuse. “In fact, it will have the opposite effect, increasing the volatility of energy prices for consumers and slowing the shale gas boon that is at the heart of our economic recovery.”
Rafuse’s comments came in response to a new coalition of chemical and aluminum manufacturers seeking to block the export of Liquefied Natural Gas, or LNG. The coalition, which launched today, is known as “America’s Energy Advantage.”
“Despite the clever name, America will never achieve an ‘Energy Advantage’ by closing our borders and reducing production of domestic fuel.”
To speak to Dr. Rafuse email: [email protected]