Controversy Over LNG Exports Heats Up as Production Expands

摘要

President Obama is expected to address a broad array of energy and energy-related policies during his second term— particularly those that relate to the dramatic surge in domestic natural gas and oil production. Not since the first OPEC oil embargo in 1973-74 has the United States been presented with the opportunity to dramatically reduce its dependence on foreign energy suppliers. The United States is projected to become a net exporter of natural gas by 2020.! Ameri ca is similarly projected to become the largest global oil producer around 2020, and a net oil exporter by 2030.