The United States, in the age of weak demand growth and junk bond steroids, has become an exporter of liquid fossil fuels. Looking at this trend of 2006-2017 US natural gas exports, we can see that this trend is forecast to grow.
For more, we turn to expert energy futurist Gregor Macdonald, editor of energy foresight publication TerraJoule:
US exports of natural gas in LNG form have only just begun. And yet, 2016 NG exports on annualized basis are taking off more strongly than expected, in part, from the next leg of NG pipeline exports to gas-hungry Mexico. This quieter, more incremental growth of NG exports has been building more slowly the past 2-3 years. But when we add pipeline exports to the unfolding wave of new LNG capacity, it now seems likely that total NG exports from the US will exceed all forecasts, including TerraJoule.us’, by the year 2020.
For more, check out this and back issues of TerraJoule.