U.S. LNG's Kingmaker Status Has an Expiration Date ...Middle East

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U.S. LNGs Kingmaker Status Has an Expiration Date
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Once upon a time, in the not-so-distant past, the United States was the world's largest importer of energy, guzzling down foreign oil and gas like a frat boy at a kegger. But the script has since flipped. Thanks to the shale revolution and a penchant for hydraulic fracturing (fracking), the U.S. has transformed from energy junkie to pusher, with liquefied natural gas (LNG) as its hottest commodity. The Shale Gale: A Brief History In the early 2000s, the U.S. was staring down the barrel of energy scarcity. Natural gas production was declining, and…

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