Tag Archives: exporting

Push for Exporting Natural Gas

The United States has gone from a buyer of natural gas to a potential seller after recent natural gas discoveries.

With so much natural gas available in the United States, it’s no wonder companies are making a big push to export the alternative fuel around the world.

“Once dependent on natural gas imports, the United States has gone from a buyer to a potential seller after a flurry of recent natural gas discoveries across the country accessible with new extraction technology.”

Because of shale gas deposits, the price of American natural gas is down to as little as a fifth of the price in other countries, making export an ideal opportunity.

And according to the International Energy Agency, the demand for natural gas is expected to increase by 50 percent over the next 20 years.

Source: New York Times

Last updated by at .