The United States is expected to export more energy than it imports by 2020

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The United States is expected to export more energy than it imports by 2020

energy

EIA projects that, for the first time since the 1950s, the United States will export more energy than it imports by 2020 as increases in crude oil, natural gas, and natural gas plant liquids production outpace growth in U.S. energy consumption. Different assumptions about crude oil prices and resource extraction affect how long EIA projects that the United States will export more energy than it imports. The United States has been a net exporter of coal and coke for decades, began exporting more natural gas than it imports in 2017, and is projected to export more petroleum and other liquids than it imports within the decade. Read the full article here

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