US to Become Net Exporter of Natural Gas

The US Energy Information Administration released an early version of their Annual Energy Outlook.  The report predicts that “[t]he United States is projected to become a net exporter of liquefied natural gas (LNG) in 2016, a net pipeline exporter in 2025, and an overall net exporter of natural gas in 2021.” The increase in fracking and other production techniques means that the US will have a growing supply of natural gas.  Soon, energy companies will export natural gas in liquid form.  Despite these exports, the report predicts that the US will maintain “low natural gas prices . . . compared to other global markets.”

Links
Annual Energy Outlook Early Report (U.S. Energy Information Administration)
U.S. Seen Being Liquefied Gas Exporter in 2016 on Fracking Gains (Bloomberg)
EIA Expects United States to Become Net LNG Exporter by 2016 (LNGLawBlog)

3 responses to “US to Become Net Exporter of Natural Gas

  1. Pingback: Cheap natural gas: Could it be a transportation fuel? — Cleantech News and Analysis

  2. Pingback: Cheap natural gas: Could it be a transportation fuel? « CleanTech World – Virtual Expo

  3. Pingback: Cheap natural gas: Could it be a transportation fuel? — GigaOM Research

Post a Comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s