There have been many discussions on the effects of LNG trade on domestic gas markets. In exporting countries, the discussions have risen to the highest levels of policymaking, featuring intense debate. In this webinar, based on the research of Center for Energy Studies graduate fellow Kelly Neill, our experts drew on the recent experience of Australia — a large LNG exporter with a substantial domestic market — where questions have been raised about the competitiveness of the domestic market structure as higher domestic prices foster calls to limit LNG exports. However, when examining the Australian domestic gas experience, several factors come into focus that quickly broaden the discussion beyond exports. Two such factors are insufficiently developed infrastructure to fully arbitrage domestic gas values, and environmentally motivated policies that have adversely impacted upstream development while also raising the demand for natural gas in the electricity sector. CES experts discussed these and related issues, with consideration given to similar discussions in the United States.
This event was sponsored by the Baker Institute's Center for Energy Studies and the International Association for Energy Economics as part of a special graduate and post-doctoral fellow webinar series. Follow @CES_Baker_Inst on Twitter and join the conversation online with #BakerEnergy.
3:00 p.m. — Presentation
3:30 p.m. — Q&A
Graduate Fellow, Center for Energy Studies, Baker Institute
Peter Hartley, Ph.D.
Baker Institute Rice Faculty Scholar; George A. Peterkin Professor of Economics, Rice University
Michelle Michot Foss, Ph.D.
Fellow in Energy and Minerals, Baker Institute