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Stock impact report

LNG Exports Will Drive Explosion in U.S. Natural Gas Consumption [Yahoo! Finance]

Cheniere Energy, Inc. (LNG) 
Company Research Source: Yahoo! Finance
around 18 billion cu ft right now to as much as 40 billion cu ft—and that 18 billion cu ft is already an all-time high. The United States turned into the world's largest exporter of LNG in a matter of years as energy companies raced to build new liquefaction trains along the Gulf Coast in response to the surge in demand for a lower-emission alternative to coal. Last month, the U.S. became the first country to export 10 million tons of liquefied gas in a single month, enjoying solid demand from Europe, which earlier this year signed a commitment to buy significant volumes of both LNG and oil to get President Trump to lower tariffs. So, the U.S. LNG industry is already growing at breakneck speed, but it may just be the beginning of even more substantial growth, at least according to a senior executive of one of the biggest players in that field. That, in turn, could see higher natural gas prices at home. Speaking at a recent industry event, Cheniere Energy's chief commercial offic Show less Read more
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