ARE WE READY FOR AN EXPORT BOOM?

摘要

Richard Murphy, Allegro Development, USA, investigates the USA's desire for energy independence and whether market participants are ready for the next energy export boom. Energy independence has been a US federal government goal for decades. As Bloomberg New Energy Finance Editor and Policy Analyst Stephen Munro noted, "Presidents have slipped glossy mentions of national aspirations to 'energy independence' into their [State of the Union] addresses..." since the oil embargoes of the 1970s. Today, we are not too far from that energy independence becoming a reality. With US exports at an all-time high and the global energy market demand increasing at a rapid pace, it looks as though the country will not only be 'energy independent', but is also on track to become one of the world's largest net exporters.