US exports of LNG would trigger only modest increases in domestic gas prices, but they also would give only a marginal boost to jobs and the economy, according to a report released May 2 by the BROOKINGS INSTITUTION

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US exports of LNG would trigger only modest increases indomestic gas prices, but they also would give only a marginalboost to jobs and the economy, according to a report releasedMay 2 by the BROOKINGS INSTITUTION. The policy groupconcluded that markets will inevitably limit the amount of USLNG exports and that policymakers should refrain from meddlingwith export plans. “Efforts to intervene in the market bypolicymakers are likely to result in subsidies to consumers at theexpense of producers and to lead to unintended consequences,”the report said. “They are also likely to weaken the position ofthe US as a supporter of a global trading system characterized bythe free flow of goods and capital.” Last week’s findings are thefinal product of a year-long study of the issue, which has cometo the forefront as several companies have applied for federalauthorization to liquefy domestic gas and ship it to higherpricedmarkets.