IDEAS home Printed from https://ideas.repec.org/p/iie/pbrief/pb13-6.html
   My bibliography  Save this paper

Liquefied Natural Gas Exports: An Opportunity for America

Author

Listed:
  • Gary Clyde Hufbauer

    (Peterson Institute for International Economics)

  • Allie E. Bagnall

    (Peterson Institute for International Economics)

  • Julia Muir

    (Peterson Institute for International Economics)

Abstract

Prohibitions or restrictions on US exports of liquefied natural gas (LNG) are a bad idea. LNG exports will deliver economic benefits to the US economy. The US Department of Energy should approve pending LNG export applications for projects at an advanced planning stage, in conjunction with appropriate regulation to limit environmental dangers from wells to ports. Three strong considerations support this recommendation: (1) The United States regularly opposes export restraints on natural resources by other countries; (2) contrary action by the United States would violate World Trade Organization rules and lead foreign nations to ignore the rules as well; and (3) LNG export restrictions would contradict the Obama administration's stated goal of growing US exports.

Suggested Citation

  • Gary Clyde Hufbauer & Allie E. Bagnall & Julia Muir, 2013. "Liquefied Natural Gas Exports: An Opportunity for America," Policy Briefs PB13-6, Peterson Institute for International Economics.
    • Handle: RePEc:iie:pbrief:pb13-6
    as

    Download full text from publisher

    File URL: https://www.piie.com/publications/policy-briefs/liquefied-natural-gas-exports-opportunity-america
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Rahman, S.M. Osman & Devadoss, Stephen, 2002. "Economics of the US - Canada Softwood Lumber Dispute: A Historical Perspective," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 3(1), pages 1-17.
    2. Jeonghoi Kim, 2010. "Recent Trends in Export Restrictions," OECD Trade Policy Papers 101, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Aaditya Mattoo & Arvind Subramanian, 2013. "Four Changes to Trade Rules to Facilitate Climate Change Action," Policy Papers 21, Center for Global Development.
    2. Cathleen Cimino & Gary Clyde Hufbauer, 2014. "US Policies toward Liquefied Natural Gas and Oil Exports: An Update," Policy Briefs PB14-19, Peterson Institute for International Economics.
    3. Caroline Freund, 2014. "Rethinking the National Export Initiative," Policy Briefs PB14-7, Peterson Institute for International Economics.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Asif, Farazee M.A. & Rashid, Amir & Bianchi, Carmine & Nicolescu, Cornel M., 2015. "System dynamics models for decision making in product multiple lifecycles," Resources, Conservation & Recycling, Elsevier, vol. 101(C), pages 20-33.
    2. Rutten, Martine & Shutes, Lindsay & Meijerink, Gerdien, 2013. "Sit down at the ball game: How trade barriers make the world less food secure," Food Policy, Elsevier, vol. 38(C), pages 1-10.
    3. Charlier, Christophe & Guillou, Sarah, 2014. "Distortion effects of export quota policy: an analysis of the China-Raw Materials dispute," China Economic Review, Elsevier, vol. 31(C), pages 320-338.
    4. repec:oxf:wpaper:oxcarre-research-paper-139 is not listed on IDEAS
    5. Mancheri, Nabeel A., 2015. "World trade in rare earths, Chinese export restrictions, and implications," Resources Policy, Elsevier, vol. 46(P2), pages 262-271.
    6. Pierre-Louis Vézina, 2015. "Illegal trade in natural resources: Evidence from missing exports," International Economics, CEPII research center, issue 142, pages 152-160.
    7. Gafarova, Gulmira & Perekhozhuk, Oleksandr & Glauben, Thomas, 2015. "Price discrimination and pricing-to-market behavior of Black Sea region wheat exporters," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 47(3), pages 287-316.
    8. Julien Gourdon & Stéphanie Monjon & Sandra Poncet, 2014. "Incomplete VAT rebates to exporters : how do they affect China's export performance?," Working Papers 2014-05, CEPII research center.
    9. Gafarova, Gulmira & Perekhozhuk, Oleksandr & Glauben, Thomas, 2015. "An econometric analysis of market power in Azerbaijani wheat market: Evidence from Kazakhstan and Russia," 2015 Conference, August 9-14, 2015, Milan, Italy 211642, International Association of Agricultural Economists.
    10. Liefert, William M. & Westcott, Paul C. & Wainio, John, 2013. "Modifying Export Taxes and Quotas To Make Them Less Market-Distorting," Working Papers 155284, International Agricultural Trade Research Consortium.
    11. Myers, Rodd, 2015. "What the Indonesian rattan export ban means for domestic and international markets, forests, and the livelihoods of rattan collectors," Forest Policy and Economics, Elsevier, vol. 50(C), pages 210-219.
    12. Yang, Fan & Yu, Hai & Wilson, Craig & Jacoby, Gady & Wu, Zhenyu, 2024. "Blockchain technology and international countertrade," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 91(C).
    13. repec:dau:papers:123456789/13784 is not listed on IDEAS
    14. Gourdon, Julien & Monjon, Stéphanie & Poncet, Sandra, 2016. "Trade policy and industrial policy in China: What motivates public authorities to apply restrictions on exports?," China Economic Review, Elsevier, vol. 40(C), pages 105-120.
    15. Estrades, Carmen, 2015. "The Role of Export Restrictions in Agriculture Trade," 2015: Trade and Societal Well-Being, December 13-15, 2015, Clearwater Beach, Florida 229229, International Agricultural Trade Research Consortium.
    16. Bouët, Antoine & Laborde Debucquet, David, 2017. "Food crisis and export taxation: The cost of noncooperative trade policies:," IFPRI book chapters, in: Bouët, Antoine & Laborde Debucquet, David (ed.), Agriculture, development, and the global trading system: 2000– 2015, chapter 12, International Food Policy Research Institute (IFPRI).
    17. Liefert, William M. & Westcott, Paul C., 2015. "Alternative Policies to Agricultural Export Taxes That Are Less Market Distorting," Economic Research Report 262209, United States Department of Agriculture, Economic Research Service.
    18. Hu, Xiaoqian & Sun, Boxue & Wang, Chao & Lim, Ming K. & Wang, Peng & Geng, Xinyi & Yao, Cuiyou & Chen, Wei-Qiang, 2023. "Impacts of China’s exports decline in rare earth primary materials from a trade network-based perspective," Resources Policy, Elsevier, vol. 81(C).
    19. Pothen, Frank & Fink, Kilian, 2015. "A political economy of China's export restrictions on rare earth elements," ZEW Discussion Papers 15-025, ZEW - Leibniz Centre for European Economic Research.
    20. Palatnik, Ruslana R. & Kan, Iddo & Rapaport-Rom, Mickey & Ghermandi, Andrea & Eboli, Fabio & Shechter, Mordechai, 2011. "Land transformation analysis and application," Conference papers 332155, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    21. Antoine Bouët & Carmen Estrades & David Laborde, 2014. "Differential Export Taxes along the Oilseeds Value Chain: A Partial Equilibrium Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 96(3), pages 924-938.
    22. Froese, Marc D., 2006. "Contingent Protection Measures and the Management of the Softwood Lumber Trade in North America," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 7(2), pages 1-26.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iie:pbrief:pb13-6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peterson Institute webmaster (email available below). General contact details of provider: https://edirc.repec.org/data/iieeeus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.