U.S. LNG Exports Expected to Double in Five Years Under Trump Administration, Generating $1.3 Trillion

Dec 26, 2024, 10:48 AM

Under the incoming Trump administration, U.S. liquefied natural gas (LNG) exports are anticipated to accelerate significantly. Industry experts predict that new export hubs and relaxed regulations will facilitate this growth. Toby Rice, a leader in the natural gas sector, emphasized a shift in focus from the 'Drill, Baby, Drill' approach to a 'Build, Baby, Build' strategy. With facilities like Plaquemines and Corpus Christi set to commence operations, U.S. LNG exports are projected to double over the next five years, potentially generating $1.3 trillion by 2040.