The debate in the U.S. over whether or not to export natural gas has largely centered around the domestic implications, but there are other issues that need to be considered as well. According to Amy Meyers Jaffe, the executive director of energy and sustainability at the University of California at Davis Graduate School of Management and Institute of Transportation Studies, the U.S. has for decades been preaching to countries around the world rich in oil and gas to maintain an open market and not restrict exports, therefore restricting U.S. gas exports could undo much of that work. 

The argument can be made on both sides of the export issue that it will benefit the U.S. through added revenue and more jobs. With Cheniere Energy (NYSEMKT:LNG) already posessing an export license and Freeport LNG just getting the green light, it's hard to see the U.S. government not allowing other permits as well. In this video, Fool.com contributor Tyler Crowe looks at what it would mean for global gas markets if the U.S. were to be an exporter, and weighs in on the expected decision regarding natural gas exports.

Fool contributor Tyler Crowe has no position in any stocks mentioned. You can follow him at Fool.com under the handle TMFDirtyBird, on Google +, or on Twitter, @TylerCroweFool.

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