The U.S. LNG Boom Could Make Energy More Expensive for Americans ...Middle East

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The U.S. LNG Boom Could Make Energy More Expensive for Americans
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The noticeable upward tilt in graphs of the U.S. natural gas price since April 2024 is likely a hint of things to come for U.S. consumers of energy. That's because record amounts of U.S. natural gas are now being sent abroad in the form of liquefied natural gas (LNG). And much more export capacity is planned. The U.S. Energy Information Administration forecasts that U.S. LNG export capacity will double by 2029. That's all gas that cannot be delivered to American users. I have written about these trends (see here, here, here and here)…

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