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The decrease isn't because Europe is building more pipelines. In fact, you can put much of it down to luck.
The price of natural gas on U.S. futures markets has been falling, and we've been storing large amounts. That may come in handy this winter.
The U.S. is sending record amounts of liquefied natural gas overseas. But a lot of those export contracts are in 20-year increments.
LNG is proving popular as a "bridge fuel" while countries transition from coal and oil to renewables.
The U.S. has been exporting less liquefied natural gas to China since last fall.
Ever since the shale revolution turned the U.S. into one of the world’s biggest energy exporters, other countries have been clamoring to buy American oil. One product in particular is seeing huge demand abroad – liquefied natural gas. Refineries turn natural gas into liquid to make it easier to ship overseas. In fact, as trade […]
It would provide direct access to overseas markets. With a new administration in place, the project could be revived.