CD containing comments of individuals re the Northeast Energy Direct Pipeline Project under PF14-22.

Case 3:15-cv-30131-MAP Document 5-20 Filed 08/20/15 Page 1 of 44

MF-EXHIBIT-21

Case 3:15-cv-30131-MAP Document 5-20 Filed 08/20/15 Page 2 of 44

MF-EXHIBIT-21

Lovelace et al., v. United States

US ENERGY INFORMATION

ADMINISTRATION INCREASE IN

EXPORTS OF NATURAL GAS RESULTS

IN HIGHER NATURAL GAS PRICES

WITHIN THE UNITED STATES

Case 3:15-cv-30131-MAP Document 5-20 Filed 08/20/15 Page 3 of 44

Effect of Increased Levels of

Liquefied Natural Gas Exports on

U.S. Energy Markets

October 2014

Independent Statistics & Analysis U.S. Department of Energy

www.eia.gov Washington, DC 20585

Case 3:15-cv-30131-MAP Document 5-20 Filed 08/20/15 Page 4 of 44

This report was prepared by the U.S. Energy Information Administration (EIA), the statistical and

analytical agency within the U.S. Department of Energy. By law, EIAs data, analyses, and forecasts are

independent of approval by any other officer or employee of the United States Government. The views

in this report therefore should not be construed as representing those of the Department of Energy or

other Federal agencies.

U.S. Energy Information Administration | Effect of Increased Levels of Liquefied Natural Gas Exports on U.S. Energy Markets i

Case 3:15-cv-30131-MAP Document 5-20 Filed 08/20/15 Page 5 of 44

October 2014

Table of Contents

Introduction .................................................................................................................................................. 5

Analysis approach .................................................................................................................................... 9

Caveats regarding interpretation of the analysis results....................................................................... 10

Summary of Results .................................................................................................................................... 12

Energy Market Results ................................................................................................................................ 14

Natural gas prices .................................................................................................................................. 14

Natural gas supply and consumption .................................................................................................... 15

Total energy use, energy-related carbon dioxide emissions, and end-use expenditures ..................... 19

Macroeconomic Effects .............................................................................................................................. 24

Macroeconomic considerations related to increased energy exports .................................................. 24

Economic results from EIA modeling ..................................................................................................... 24

Results for 12- and 20-Bcf/d scenarios using alternative baselines ...................................................... 26

Appendix A. Request Letter .........

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