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 energy prices to increase assumes that there is neither sufficient natural gas nor the infrastructure necessary to transport the fuel around 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 fuel would have negligible impact on household natural gas costs. But demand for natural gas is growing, both at home and internationally. To meet rising demand, we need to build additional infrastructure to transport gas from 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 pipeline infrastructure so that we can provide more gas to 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.”
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INGAA represents the U.S. natural gas pipeline industry. INGAA’s members deliver clean, abundant, affordable natural gas throughout North America and operate approximately 200,000 miles of pipelines that serve as an indispensable link between natural gas producers and consumers.
