New EIA Study Says Exporting Shale Gas Raises Prices at Home

In August 2011, the U.S. Department of Energy’s Office of Fossil Energy (DOE/FE) requested from the U.S. Energy Information Administration (EIA) an analysis of what exporting natural gas will do to the domestic market and consumers. The DOE is responsible for reviewing and approving applications to export oil and natural gas, hence the request.

Yesterday the EIA delivered their analysis (a copy of the 43-page report is embedded below). Their conclusions? Increased natural gas exports lead to higher domestic natural gas prices, increased domestic natural gas production, reduced domestic natural gas consumption, and increased natural gas imports from Canada via pipeline.

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