Promote free tra
de and the President’s National Export Initiative
The Natural Gas Act (“NGA”) creates a rebuttable presumption that a request for
authorization to export LNG to non-FTA countries is in the public interest.
The burden,therefore, is on the party opposing the application to show that the application is not in the publicinterest
not the other way around. Regardless, there is ample evidence to support a conclusionthat increased natural gas exports are in the public interest. The public stands to benefitsignificantly in various ways, including job creation, revenue generation for national and localeconomies, and energy security.
A. The U.S. Is Now the Leading Producer of Natural Gas in the World and a GlobalLeader in Overall Natural Gas Resources
The advancement of proven technologies has led the U.S. to become the largest producerof natural gas in the world
and among the world’s leaders in natural gas resources
. Thistremendous abundance of natural gas now places the U.S. in a position to supply the domesticmarket with affordable supplies of natural gas, while at the same time securing the significantbenefits that will accrue from exporting supplies of LNG. The EIA currently estimatestechnically recoverable shale gas resources at 542 Tcf and total recoverable U.S. natural gasresources at 2,203.3 Tcf.
ICF International, a well-known consulting company, estimatestechnically recoverable shale gas to be 1,942 Tcf and total recoverable gas at 3,505 Tcf.
ThePotential Gas Committee (PGC) pegs the shale resource estimate at 687 Tcf and total resourcesat 1,898 Tcf.
MIT’s mean estimate of the shale gas re
source base is projected to be about 650
15 U.S.C. § 717b, § 3(a).
EIA, “Assumptions to AEO 2012,” August 2, 2012, p. 113.
ICF, “The Economics of U.S. LNG Exports: Policy, Process and Politics, Webinar given on February 14, 2012,
p.14. The difference in the shale gas resource estimates between the EIA and ICF is partly due to differentassumptions, including well spacing, estimated ultimate recovery (EUR), etc., underlying the resource estimate.