Natural Gas Export Blitz: U.S. Eyes Global Energy Dominance
The unthinkable comes true, and holds the key to eliminating poverty and want.
by Rod D. Martin
May 24, 2015
It was very recently unthinkable that the United States, strongly dependent on foreign energy sources, would ever not only meet its own demand in what was predicted to be a post-peak oil world, but indeed export astonishing quantities of liquified natural gas. Welcome to the future.
In an article in The Telegraph, International Business Editor Ambrose Evans-Pritchard writes about large-scale changes coming to LNG markets by way of massive U.S. exports.
The United States is poised to flood world markets with once-unthinkable quantities of liquefied natural gas as soon as this year, profoundly changing the geo-politics of global energy and posing a major threat to Russian gas dominance in Europe.
"We anticipate becoming big players, and I think we'll have a big impact," said the Ernest Moniz, the US Energy Secretary. "We're going to influence the whole global LNG market."
LNG terminals are under construction and shipments are imminent.
Mr Moniz said the surge in …