Victory lap: U.S. is now a net exporter of natural gas

longknife

Diamond Member
Sep 21, 2012
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Sin City
Release the controls to allow our energy structure succeed. We can easily produce more vehicles that use natural gas that are much easier on the ecology. (I drove one for 5 years and would buy one in a second.)

The U.S. has become a net exporter of natural gas, further evidence of the how the domestic oil and gas boom is reshaping the global energy business.

The U.S. has exported an average of 7.4 billion cubic feet a day of gas in November, more than the 7 billion cubic feet a day it has imported, according to S&P Global Platts, an energy trade publisher and data provider. Exports also topped imports for a few days in September, Platts reported. It has been nearly 60 years since the U.S. last shipped out more natural gas than it brought in annually, according to the U.S. Energy Information Administration.

The milestone comes less than a year after restrictions on most crude oil exports were lifted, allowing tankers of crude to be freely shipped overseas for the first time nearly half a century, and together they mark a significant and potentially permanent change in the way U.S. energy flows around the world.

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