Dec 8, 2017

U.S. liquified natural gas export capacity is growing

Ben Geman, author of Generate
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Data: Energy Information Administration; Chart: Axios Visuals

The Energy Information Administration is out with a helpful primer on the growth of U.S liquefied natural gas export infrastructure, and when various projects are expected to come online.

Why it matters: The sharp growth is one result of the fracking-enabled production surge that's helping to transform the U.S into a prominent LNG exporter, in addition to already boosting the share of natural gas in U.S. power generation at coal's expense.

  • Go deeper: Yesterday the Houston Chronicle published a detailed feature about the growth of U.S. LNG projects, concluding that the U.S. is at a "tipping point."
  • They note: "The Energy Department projects that LNG production capacity will quadruple by the end of 2019, making the nation the largest source of LNG after Qatar and Australia. The International Energy Agency predicts the U.S. could vault to first within a decade."

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Why it matters: Barr, President Trump and other members of the administration have pinned the blame for riots and looting over the past few days of protests against police brutality on antifa, a loosely defined far-left movement that uses violence and direct-action protest tactics.

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Why it matters: The pressure that companies feel to speak out on issues has increased during the Trump era, as businesses have sought to fill a trust void left by the government. Now, some of the biggest companies are quickly taking a public stand on the protests, pressuring all other brands to do the same.