Last updateWed, 03 Jun 2020 2pm

End-User News

U.S. LNG Exports May Double Prices by 2040

According to a new study by NERA Economic Consulting, commissioned by the Department of Energy, “exports of U.S. liquefied natural gas may double prices for the fuel by 2040, but rising output and better trade balances will soften the blow to consumers.”

Bloomberg reports that there’s “an almost 50 percent chance of gas reaching $5 to $6.50 per million British thermal units over the next two decades, the study shows. But shipments of LNG overseas will boost the U.S. economy, while higher output will meet most of the export boost.” 

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