ACCF Study Finds Building More Pipes Decreases NatGas Price by 10%
The American Council for Capital Formation (ACCF) is a nonprofit, nonpartisan economic policy organization that tilts to the conservative side. ACCF advocates for better (and less) regulation, innovation in energy policy, dynamic free trade, and better infrastructure policy. Yesterday the ACCF released a new study that shows the U.S. natural gas market remains “robust” and will have no problem meeting both growing domestic consumption and growing exports–all at relatively low prices. A key point made by the study is that natural gas prices can be even lower, 10% lower, for both ratepayers and for LNG customers–if the government would ease permitting delays for building new pipelines.
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