DOE Report Affirms Role of Natural Gas as Foundation Fuel

Washington, D.C. – A recent report commissioned by the U.S. Department of Energy (DOE) entitled “Macroeconomic Impacts of LNG Exports from the United States” affirms the position of natural gas as a foundation fuel for the United States and the nation’s energy future. The American Gas Association (AGA) is encouraged to see DOE examining the important role that natural gas will serve in our nation’s energy and economic future. 

“The Department of Energy study acknowledges the tremendous impact our domestic abundance of natural gas is having on energy markets at home and abroad. Natural gas already provides one-fourth of our nation’s energy. With natural gas as a foundation fuel for a clean and secure energy portfolio, we can meet our national goals of boosting our economy, improving our environment and increasing our energy security,” said AGA President and CEO Dave McCurdy.

“The report states that our nation’s natural gas resource base is able to satisfy existing and new markets at very competitive prices. DOE analysis indicates that U.S. exports of natural gas would allow for continued stable pricing for the 177 million Americans who depend on the safe and reliable delivery of natural gas every day.”

“We envision a future where natural gas not only provides energy for homes and businesses, but runs a significant number of our vehicles, generates power and supports other forms of renewable energy. America’s natural gas utilities will continue to provide safe and reliable service to our customers today while building the 21st century infrastructure necessary to serve the nation’s energy needs tomorrow. ”