Energy Tomorrow Blog

Natural Gas, LNG Exports and Benefits to the U.S.

lng  exports 

Mark Green
Posted May 12, 2017

The export of U.S. liquefied natural gas (LNG) continues to yield economic and other benefits locally, regionally and to our country as a whole. Two recent news items illustrate – a report detailing the boost LNG exports is giving the Texas economy, and an agreement by Poland to buy American LNG, further expanding opportunities for a valuable U.S. commodity.

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Golden Pass Approval Advances U.S. LNG Exports

natural gas  lng exports  trade  climate  us energy security 

Mark Green
Posted April 26, 2017

The Trump Administration issued its first LNG export approval, with the Energy Department authorizing the Golden Pass project in Texas to export up to 2.21 billion cubic feet per day to non-Free Trade Agreement countries. It’s a big step forward for the joint venture between ExxonMobil, ConocoPhillips and Qatar Petroleum, which filed its original application with DOE in August 2012 and expects the project to support 45,000 jobs over five years and 3,800 permanent jobs over the next 25 years of operation.

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Global Marketplace Beckons U.S. LNG Exports

natural gas  lng exports  trade  economic growth  us energy security  energy department 

Mark Green
Posted March 16, 2017

The global LNG market is developing, and the spot market’s growing liquidity could favor U.S. exporters, already benefiting from abundant domestic supply and ready access to the Panama Canal. America has the natural gas and access to markets. Artificial restrictions on LNG export project development should be removed. The potential benefits to the United States are significant. 

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Refined Products Exports Bolster U.S. Trading Posture

exports  crude oil exports  lng exports  chevron  refining distribution 

Mark Green
Posted March 10, 2017

We’ve talked quite a bit about the way America’s energy renaissance is benefiting consumers, supporting the economy, strengthening our security, reducing U.S. energy-related carbon emissions to 25-year lows and bringing overseas wealth into this country through the export of crude oil and natural gas.

There’s even more: U.S. exports of refined petroleum products are soaring. Here’s a chart developed from U.S. Energy Information Administration (EIA) data, showing that exports of refined products have more than doubled in the past decade to about 3 million barrels per day…

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100 Days: Energy Exports Strengthen U.S., Boost Allies

100-days  lng exports  crude oil exports  economic growth  us energy security 

Mark Green
Posted February 13, 2017

A new era of U.S. energy exports is under way. The United States started freely trading crude oil in January 2016, following congressional legislation to end a 1970s-era ban on exports. The same month the first cargo of U.S. LNG produced from shale left Cheniere Energy’s Sabine Pass export terminal. Last month, export volumes from Sabine Pass reached a record 1.476 billion cubic feet of gas equivalent, according to Platts Analytics. Exports of LNG and crude oil both offer multiple economic benefits.

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For the Broad Benefits of Free Energy Trade

energy exports  lng exports  trade  economic growth 

Mark Green
Posted January 25, 2017

American energy also should be able to reach new markets abroad. Freely trading U.S. crude, LNG, petrochemicals and finished products made from petroleum and natural gas is key to strengthening U.S. competitiveness around the globe, economic growth and domestic energy production.

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The Global, Positive Impacts of the U.S. Energy Renaissance

oil and natural gas  exports  lng exports  domestic energy production  fracking  shale energy 

Mark Green
Posted December 7, 2016

It’s hard to overstate the importance of America’s fracking-led energy renaissance – to our economy, individual households, energy security, the environment and to America’s ability to shape global events for the good. That last point is being underscored right now.

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LNG Exports Strengthen U.S. Competitiveness, Help European Allies

lng exports  russia 

Mark Green
Posted November 16, 2016

With legislation to streamline and expedite approvals for U.S. LNG export projects pending in Congress, the U.S. ambassadors of Lithuania, the Czech Republic, Estonia, Hungary, Latvia, Poland and Slovakia wrote to congressional leaders this week, urging action. From their letter to House Speaker Paul Ryan (letters also were sent to Senate Majority Leader Mitch McConnell, Senate Minority Leader Harry Reid and House Minority Leader Nancy Pelosi):

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LNG Exports for Our Economy, Manufacturing and Environment

liquefied natural gas  lng exports  economic benefits  manufacturing  climate 

Mark Green
Posted October 3, 2016

As is the case with any tradable commodity, selling U.S. natural gas outside this country promotes domestic jobs and economic growth. Expanding demand for U.S. natural gas in global markets through LNG exports will result in increased domestic investment, enhanced GDP growth, rising incomes and more well-paying jobs. At the same time, U.S. LNG exports will expand global natural gas markets – enhancing U.S. influence to encourage transparency and fair market rules while strengthening relationships with our allies.

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Energizing Maryland

maryland  lng exports  natural gas  vote4energy  states2016 

Mark Green
Posted September 29, 2016

An all-of-the-above energy narrative is playing out in Maryland – as it is in the country at large. The United States is the world’s leading producer of oil and natural gas, fuels that are complemented by coal, nuclear, solar, wind and other renewable energy sources.  It’s an approach that serves the nation well and should be supported by pro-development policies. 

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