Rethink Energy Exports

Published in Wall Street Journal

We should unfetter oil from restrictive export laws, but we shouldn’t stop there. We need to revisit the federal government’s archaic attitude toward all of our fossil-fuel export rules, which include restrictive policies on exports of coal and natural gas.

America has such abundant natural gas, for example, that we have the potential to meet growing demand at home while still exporting some of it abroad. As with oil exports, exporting surplus natural gas could reduce the trade deficit and incentivize increased domestic production at home. In turn, that would spur job creation and economic growth.

It’s time for the government to do a wholesale rethink on energy exports.

Margo Thorning

American Council for

Capital Formation

Washington