American liquid gold is flowing.
Reuters (8/22/25) reports: "U.S. liquefied natural gas exports will soar by roughly 10% a year through 2030 as energy firms double their LNG production capacity, according to analysts, providing a shot in the arm to the country's maturing shale industry which has seen growth slow and costs rise. The U.S. is the world's largest oil and natural gas producer, but many of its best drilling locations have been tapped. While oil production is expected to plateau or fall in coming months, gas remains a bright spot for the industry thanks primarily to the country's booming exports. U.S. LNG exports are on track to soar from a record 11.9 billion cubic feet per day (bcfd) in 2024 to 21.5 bcfd in 2030, according to a U.S. Energy Information Administration (EIA) outlook. U.S. LNG producers are building new terminals to superchill gas to its liquid state for export. They aim to meet booming demand for the fuel worldwide to meet rising energy consumption and as many countries phase out coal-fired power plants."
|
|