Known as LNG, much of it is headed to Europe and other parts of the world in amounts expected to double over the next five years, according to S&P Global.
Though the U.S. is the world’s top LNG exporter, the administration is considering effects on the climate crisis and energy security.
The U.S. has become a leading exporter of LNG, which is often used to ease energy shortages around the world. That stokes price volatility.
India, Thailand and other emerging markets struggled after some of the liquefied natural gas they’d expected was rerouted to Europe.
There aren’t enough ships to carry liquefied natural gas, nor enough port facilities to load and unload it.
The price of natural gas on U.S. futures markets has been falling, and we’ve been storing large amounts. That may come in handy this winter.
Turning enough gas into liquid so that it can be shipped is a stumbling block.
As plans for LNG export facilities come to a halt, so do job opportunities in places like the Gulf Coast of Texas and Louisiana.
The U.S. has been exporting less liquefied natural gas to China since last fall.
U.S. trade tensions with China could cause problems for the booming American LNG industry, experts warn.
