Natural Gas Prices Poised To Rise As Exports Boom

New data from the Energy Information Administration (EIA) has
brought some good news for advocates of U.S. natural gas
production. In three of the first five months of 2017, the United
States exported more natural gas than it imported, reversing a
trend of net-imports that’s endured for nearly sixty years. Rising
exports, fueled by a the shale boom which has seen a marked
increase in U.S. natural gas production, have been facilitated by
new infrastructure and rising demand outside the U.S., most notably
in Mexico and eastern Canada. The United…

New data from the Energy Information Administration (EIA) has
brought some good news for advocates of U.S. natural gas
production. In three of the first five months of 2017, the United
States exported more natural gas than it imported, reversing a
trend of net-imports that’s endured for nearly sixty years. Rising
exports, fueled by a the shale boom which has seen a marked
increase in U.S. natural gas production, have been facilitated by
new infrastructure and rising demand outside the U.S., most notably
in Mexico and eastern Canada. The United…