SHOULD THE U.S. EXPORT LNG?

Ken Medlock testifies before Energy and Natural Resources Committee

Center for Energy Studies senior director Kenneth B. Medlock III testified Tuesday (Feb. 12) at a Senate committee hearing on U.S. natural gas policy. Among other topics, the Energy & Natural Resources Committee discussed whether the United States should start exporting some of its natural gas wealth.

Citing a recent CES study, Medlock said that "the impact on U.S. domestic prices will not be large if [LNG] exports are allowed, and the long-term volume of exports from the United States will not likely be very large given expected market developments abroad."