U.S. LNG Exports to the World’s Rescue

Ten years ago, Cheniere Energy began an export boom that is saving the world economy today

WSJ editorial. Excerpts:

"the boom in shale fracking that began in the mid-2000s unleashed cheap and abundant natural gas. Cheniere Energy took the risk of converting what had been an LNG import facility into an export platform in 2016."

"The U.S. now boasts eight LNG export terminals"

"America has surpassed Australia, Qatar and Russia to become the world’s top LNG exporter."

"Trump lifted the [LNG export permitting] pause upon retaking the White House" 

"U.S. LNG exports surged nearly 40% last year"

"The U.S. now exports about as much gas to Europe as Russia did before the war"

"The reality is that prices rose last year from a near-record low in 2024. Prices last week averaged $3.13 per million BTU—about the same as in 2017"

"Limiting LNG exports won’t reduce domestic energy prices, though it could suppress natural gas production"