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image: Bilfinger SE/flickr.com

US poised to become leader in gas exports, but some fear price impacts

August 15, 2017

Natural gas producers are only just beginning to access an entirely new market, a potential boon to their bottom lines. But if those energy supplies are sent into higher-priced global markets, will there be an impact on consumers in the United States?  The country is poised to become a net exporter of natural gas by 2018, and soon after could be a world leader in global liquefied natural gas trade.

That is a remarkable turnaround, considering a decade ago the United States was importing LNG to the tune of about 9 billion cubic feet per day (Bcf/d).

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