John B. Simpson — Honors in Economics
Impact Analysis of LNG Storage Facility Expansion: Hampton Roads Area
The aim of this study was to look at the economic impacts of a project, the re-opening and expansion of an existing liquefied natural gas storage facility on the Hampton Roads Area. Using MIG’s IMPLAN, Dr. Townsend and I determined the total impact of the project on output, employment, and value added for the study area. Out results showed that the project would have a positive and significant impact on the economy in the area.