U.S. stands to benefit from expanded natural gas exports

05/27/2013 | Wall Street Journal, The

The Obama administration should take advantage of the country's abundant natural gas resources by expanding exports of the fuel, writes Margo Thorning, senior vice president and chief economist of the American Council for Capital Formation. According to an American Petroleum Institute study, expanded liquefied natural gas exports will create up to 452,300 new jobs over the period of 2016 to 2035. Such projects could also boost the country's economy by almost $74 billion in the same time frame, Thorning adds.

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