, Columnist
Natural Gas Exports Can Solve U.S. Energy Glut
Easing access to foreign markets is the key to lifting depressed prices.
The pipes are ready.
Photographer: Craig HartleyThis article is for subscribers only.
The slogan “Made in the U.S.A.” resonates with Americans, except when there’s too much of a given product being made, which forces down prices along with the industry. One example is natural gas, where U.S. inventories have been largely above average for the last two years.
The salvation lies in Liquefied Natural Gas, the clear, odorless liquid formed when natural gas is cooled to about minus 260 Fahrenheit. And that’s just what President Donald Trump is pushing for. His administration is moving to make the U.S. the world’s leading exporter of natural gas, and LNG would be is a central component of both energy and trade policy. This makes a lot of sense.