Statement on U.S. Department of Energy’s new LNG study

WASHINGTON, D.C., December 17, 2024 - INGAA President & CEO Amy Andryszak released the following statement in reaction to the U.S. Department of Energy's new report: Energy, Economic, and Environmental Assessment of U.S. LNG Exports:

"The premise that exporting large volumes of U.S. LNG might cause domestic energyprices to increase assumes that there is neither sufficient natural gasnor the infrastructure necessary to transport the fuelaround the country. We know that the U.S. has abundant natural gas, and the U.S. has roughly a decade of data reaffirming that increased exports of U.S. LNG to our allies and trading partners has not impacted prices for American consumers. In fact, a new study analyzing the impact of U.S. LNG on the domestic economy from S&P Global shows that continuing to export the fuelwould have negligible impact on household natural gas costs. But demandfor natural gasis growing, both at home and internationally. To meet rising demand, we need to build additional infrastructure to transport gasfrom production basins to end users, be they residences, businesses, or our allies overseas in the form of LNG.

"INGAA members are ready, willing, and able to build out additional pipelineinfrastructure so that we can provide more gasto domestic consumers and support our allies abroad with American energy. We have proven for nearly a decade that we can and must do both, and we intend to continue to do so, in spite of this study."

###

INGAA represents the U.S. natural gas pipelineindustry. INGAA's members deliver clean, abundant, affordable natural gasthroughout North America and operate approximately 200,000 miles of pipelines that serve as an indispensable link between natural gasproducers and consumers.

Related