What is Liquefied Natural Gas?

You may not be aware, but the US has increased its natural gas exports substantially over the years.  At this point, the US is a net exporter of liquefied natural gas (LNG) due in part to the shale gas revolution.  But, happens when US allies wean themselves off of Russian natural gas and onto ours.  It could be positive for the US economy, but we should keep an eye on prices.  Increased demand for US natural gas would increase prices for all of us.  So, if you don’t have a good procurement plan in place, now would be a good time put one together.  Check out the links below for more information.

https://www.ogj.com/articles/2018/03/us-urged-to-expand-lng-exports-soon-to-diversify-overseas-gas-markets.html