The U.S. is the world’s leading exporter of liquified natural gas (LNG), with over 12 billion cubic feet per day shipped overseas so far in 2024. Despite renewable growth outpacing demand, the global demand for natural gas continues to grow. Industry experts predict that the US LNG export market could double by 2030. However, the industry faces difficulties in planning, permitting, funding, and constructing new facilities. The Biden Administration recently ordered a “pause’ on permit approvals for new LNG exports, citing environmental and economic concerns. Despite these hurdles, a recent Department of Energy issued a permit for New Fortress Energy’s planned Mexican-based facility to export 1.4 million metric tons a year of LNG to non-free trade agreement countries. Studies have shown that exporting natural gas is a significant economic benefit to the American economy and a significant producer of US. jobs.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
