Foreign Policy Blogs

The fall in natural gas prices

The New York Times published an article on the falling price of domestic natural gas, which, in part, it attributes to an increase in imported liquefied natural gas (LNG). A lower price of natural gas may spur additional use of it in the transportation sector, reducing net CO2 emissions — a positive development not just for the environment, but for energy security as it reduces our reliance on oil for transport.

However, unlike small eastern European nations that have access to cheaper natural gas and made more use of it for transportation, a supportive infrastructure of fueling stations will be more expensive to develop over the vast expanses of the US.

 

Author

David Abraham

David S Abraham has expertise in the analysis of geopolitical and economic risk as well in energy issues. At the White House Office of Management and Budget, his work included overseeing natural resource and foreign assistance programs, and serving on the interagency trade policy committee. In his previous role as a sovereign risk analyst with Lehman Brothers, subsequently, Barclays Capital, he advised the firm on geopolitical and economic risks in developing countries. He has also consulted for a variety of organizations including the United Nations Support Facility for Indonesian Recovery, RBS Sempra Commodities, ClearWater Initiative and a small German consultancy. David earned degrees from Boston College and The Fletcher School at Tufts University and proudly served as a Peace Corps Volunteer. His written work has appeared in a variety of publications, most recently in The New York Times, The Providence Journal, and CFR.org. He speaks Lithuanian and is a Term Member at the Council on Foreign Relations.

Area of Focus
Geopolitics; Economic Risk; Energy Issues

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