Liquefied natural gas (LNG) producers have a surplus of shale gas, so what does that mean for us? Natural gas producers can either sell the fuel here in the U.S. or export it to Asia and Europe, where LNG fetches much higher prices.
The America’s Energy Advantage is a coalition created by U.S. manufacturers to promote energy policies that “benefit American manufacturing and its ability to create jobs and bolster the economy.” Other groups on the federal, state, and city levels are also looking to support the exportation of natural gas.
“Governments, especially those in states rich with natural gas, strongly believe natural gas exports will benefit national, state and local economies due to construction of LNG processing plants and resulting job growth.”
U.S. manufacturers are the largest users of natural gas domestically, and the inexpensive fuel can be paramount in the rebound of the U.S. industrial sector.
Source: The Energy Collective