LNG exports would raise U.S. gas prices 54%

By Brett VandenHeuvel, Executive Director —

A report released today by the U.S. Energy Information Administration (EIA) finds that exporting LNG would increase U.S. natural gas prices by up to 54%.  There are two LNG export terminals proposed in Oregon - Coos Bay and Warrenton on the Columbia River.  LNG terminals and pipelines destroy salmon habitat, family farms, and forestland.  Exporting LNG could also destroy American manufacturing jobs that rely on inexpensive gas.  Homeowners will not appreciate seeing a large increase in their heating bill either.  

Exporting LNG is like a new 54% tax on every manufacturer, homeowner, or farmer who uses natural gas. All for increased profits for gas giants.  

Each LNG tanker from either Coos Bay or Warrenton could carry 8% of the gas that the entire U.S. uses in a day.  Why would Oregon issue any permits for LNG export when it will harm our environment and could devastate our economy?

View the full EIA report here:  http://www.eia.gov/analysis/requests/fe/pdf/fe_lng.pdf