How Exporting LNG Could Bring Serious Wealth to the U.S.

Where will the wealth created by the fast growing Liquid Natural Gas (LNG) market be concentrated in the coming years? In a word–Australia. It’s the #4 exporter of LNG in the world already, and seven new plants are in various stages of planning and development, which would require $200 billion in capital investment–and lots of jobs. By comparison, America, which produces massive amounts of natural gas, sends a shockingly small amount of the resource abroad. Both are close to markets – Australia is closer to Asia, which imports vast quantities of LNG, but the U.S. is also relatively close to these markets and closer to Europe, which holds some major LNG consumers, like Spain and France. Both also have . . . → Read More: How Exporting LNG Could Bring Serious Wealth to the U.S.