American exports of liquid natural gas would benefit the global economy
Forbes // Jun 14, 2012America's wealth of natural gas has led many to consider the possibility of exporting liquid natural gas (LNG) to overseas markets. The U.S. Energy Information Agency predicts that American natural gas supplies could outstrip domestic demand within the next four years.
LNG exports will help to provide better balance between supply and demand in the market, dampening price volatility in North America, and providing circumstances in which industrial gas investments and feedstock natural gas purchases can be made with greater confidence in long-term natural gas pricing.