Competition for Natural Gas Sends U.S. Prices Skyward ...Middle East

Economy by : (OILPRICE) -
It appears that the Trump Administration can’t have it all. Soaring LNG exports to assert America’s energy dominance have intensified competition for U.S. natural gas supply, pushing domestic energy prices higher—the opposite of what President Trump promised during his election campaign at this time last year.     As more U.S. LNG export facilities come online or ramp up operations, demand for LNG exports is set to exceed U.S. residential gas demand for the first time ever, according to estimates by Reuters based…

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