×

Fill out the brief form below for access to the free report.

  • George W. Bush Institute

    Our Ideas

  • Through our three Impact Centers — Domestic Excellence, Global Leadership, and our Engagement Agenda — we focus on developing leaders, advancing policy, and taking action to solve today’s most pressing challenges.

I'm interested in dates between:
--

Taking Action

Advancing Policy

Developing Leaders

Issues

I have minutes to read today:

Programs & Issues

Taking Action

Advancing Policy

Developing Leaders

Issues

Publication Type
Date
I'm interested in dates between:
--
Reading Time

I have minutes to read today:

Fear of Exports?

May 23, 2013 by Matthew Denhart

Since when has the U.S. been afraid of exports? Since now, apparently.

A decade ago the U.S. worried about not having enough natural gas to meet its needs and therefore had to import gas from abroad. Today, thanks to new hydraulic fracturing technologies, the country is awash in natural gas and has the opportunity to be a major exporter of the commodity. Exports are good for the economy, and the U.S. suddenly holds a major comparative advantage in the area of natural gas. Capitalizing on this opportunity would be a boom for the U.S. economy, and allowing exports seems like a no-brainer anyway.

But a vocal opposition has lined up to block exports, and companies are having an exceedingly difficult time receiving permits from the Department of Energy to export gas. Jim Glassman has all the details in a recent column for Forbes.

What are the costs to economic growth of all this regulatory red tape?

This is a major question of concern for us here at the 4% Growth Project. To address it, we are convening a full-day conference on energy regulation and economic growth this September at the George W. Bush Presidential Center in Dallas, Texas. We will consider the cost to growth from the regulation of natural-gas exports, but will also address many other forms of regulation that threaten the growth potential of the energy industry. In advance of the conference we will publish a series of white papers to our Web site. Stay tuned. This is a topic of great importance not just for the energy industry, but for the entire U.S. economy as well. 


Author

Matthew Denhart
Matthew Denhart

Matthew Denhart is an expert on immigration policy and is the author of the Bush Institute’s America's Advantage: A Handbook of Vital Immigration and Economic Growth Statistics, now in its third edition. He currently serves as executive director of the Calvin Coolidge Presidential Foundation and is a founder of the Coolidge Scholars Program which provides full-ride merit scholarships to America's most promising college students. A summa cum laude graduate of Ohio University, Denhart has written and spoken widely on a variety of policy topics including the economics of higher education, labor, and taxes. He has contributed articles to numerous national publications including The Wall Street Journal, Forbes.com, CNN Opinion, and Bloomberg View. 

Full Bio

Related Articles: