- Coal and liquefied natural gas (LNG) exports will almost surely confer net economic benefits to the United States.
- Withholding US coal exports is a self-inflicted wound; other producers can fill the gap to meet world demand.
- LNG exports signify a range of possible domestic natural gas price increases, but most estimates point to price levels still well below those experienced a decade ago.
- Aggravated domestic environmental impacts from export-caused increases in coal and natural gas output must be viewed in context. Compared to environmental oversight over much larger output serving domestic needs, this incremental burden seems manageable.
- A casual, politically driven retreat from its traditional free-trade commitment is scarcely in the interest of the United States.
Resources Magazine — Jun 14, 2013
The Controversy over US Coal Exports
Industry proposals to increase exports of American coal provoke fierce efforts to forestall that prospect. Joel Darmstadter weighs in on the econom...
Resources Magazine — Apr 11, 2014
Reflections on the Oil Shock of 40 Years Ago
The 1973–1974 energy crisis produced many lessons, but Joel Darmstadter cautions that the benefits of moving toward US energy independence should n...