How Liquid Natural Gas Export Boom Might Impact the US

With U.S. overseas sales forecast to double by 2030, some ask, ‘Will high-dollar offshore demand lower domestic supply and raise local electricity bills?’

Sempra and ConocoPhillips announce strategic partnership for Port Arthur LNG on Texas Gulf Coast. Courtesy of Sempra

Surging global demand for natural gas and the build-out of three new Gulf of America export terminals will spur a 20 percent boost in 2025 and a 15 percent increase in 2026 in domestic liquid natural gas (LNG) production, the Energy Information Administration projects in its March 2025 Short-Term Energy Outlook.

“We expect U.S. LNG exports to continue growing, driven by the start-up of three new facilities” that will expand the nation’s export capacity by 50 percent when fully operational this year,” the administration said in an April 3 analysis of the outlook.