Gabe’s Economic Impact Study for Downeast LNG Cited in Press Herald Article
An economic impact study by University of Maine economist Todd Gabe was cited in a Portland Press Herald article about Downeast LNG altering plans for a proposed liquefied natural gas import terminal in Washington County. Downeast LNG commissioned Gabe to conduct the study. Gabe found the new project would create 2,350 jobs and $375 million in labor income during its three-year construction period. He also estimated the terminal would support 337 jobs in the state and have an annual economic impact of $68 million.