{
  "id": "RS21787",
  "type": "CRS Report",
  "typeId": "REPORTS",
  "number": "RS21787",
  "active": false,
  "source": "EveryCRSReport.com",
  "versions": [
    {
      "source": "EveryCRSReport.com",
      "id": 102877,
      "date": "2004-03-30",
      "retrieved": "2016-04-08T14:23:36.111351",
      "title": "Foreign Trade Effects of an Alaskan Natural Gas Pipeline",
      "summary": "The Energy Information Administration (EIA), in the Annual Energy Outlook 2004 (AEO),\nprojects\nincreased demand for imported natural gas through 2025. The AEO reference case forecast assumes\na natural gas pipeline will begin delivering Alaskan natural gas to the lower 48 state consuming\nmarkets in 2018.  H.R. 6 , the omnibus energy bill, contains provisions to enhance the\nfuture supply of natural gas through construction of a pipeline.\n  This report examines the effects of an Alaska natural gas pipeline on the U.S. current account\nbalance. The EIA finds that if the pipeline is not constructed, natural gas prices will increase,\nmarkets will adjust, and imports of natural gas will increase. However, due to price induced market\nadjustments, the increase in imports is projected to be less than the gas volume lost from the lack\nof pipeline construction. As a result, if no pipeline is constructed, the effect on the current account\nbalance will be less than the value of the amount of gas that was projected to be delivered through\na pipeline. This report will not be updated.",
      "type": "CRS Report",
      "typeId": "REPORTS",
      "active": false,
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      "topics": []
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}