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Expand chart
Reproduced from EIA; Chart: Axios Visuals

U.S. liquefied natural gas export capacity will become the world's largest by the end of 2022 as new and expanded Gulf Coast facilities come online, the federal Energy Information Administration (EIA) said this month.

Why it matters: The milestone underscores U.S. emergence as a major crude oil and natural gas exporter as production from shale fields has boomed and crude export restrictions were lifted in 2015.

The big picture: Last year the U.S. became the world's third-largest LNG exporter behind Australia and Qatar, EIA notes, and now appears to have already pulled even with Qatar.

  • Asia has been the largest destination for U.S. LNG exports, while Europe and Latin America are also key destinations.

Worth noting: The shale boom has led to an abundant domestic supply that enables exports while still meeting U.S. needs — preventing the kind of astronomical price increases seen in regions like Europe earlier this year.

By the numbers: EIA reports that U.S. exports averaged 10.7 billion cubic feet per day last month, a bump over October's levels that was supported by factors including "large differences" between gas prices in the U.S. compared to Europe and Asia.

What we're watching: On a yearly basis, EIA sees average exports this year at 50% above 2020 levels, rising another 17% next year to average 11.5 billion cubic feet per day.

Go deeper

Ben Geman, author of Generate
Jan 12, 2022 - Energy & Environment

White House expands clean energy push as legislation stalls

The 100-megawatt MGM Resorts Mega Solar Array is launched on June 28, 2021 in Dry Lake Valley, Nevada. Photo: Ethan Miller/Getty Images

The White House is rolling out new multi-agency initiatives to speed renewable power and transmission deployment at a time when Democrats' huge clean energy investment plan has stalled out in Congress.

Why it matters: President Biden has set a goal of reaching 100% carbon-free power by 2035 and accelerating job growth in low-carbon energy.

Updated 1 hour ago - Politics & Policy

British national named in Colleyville synagogue standoff

A law enforcement vehicle sits near the Congregation Beth Israel synagogue on Jan. 16. Photo: Brandon Bell/Getty Images

British national Malik Faisal Akram took four people hostage at a Texas synagogue outside Fort Worth on Saturday, the FBI said in a statement.

State of play: Authorities had initially declined to release the name of the 44-year-old suspect or identify the hostages, all adults, though police chief Michael Miller confirmed that one of those held was Rabbi Charlie Cytron-Walker, who leads the congregation.

Updated 2 hours ago - Politics & Policy

Omicron dashboard

Illustration: Brendan Lynch/Axios

  1. Health: Concerns grow over CDC's isolation guidelines — Experts warn of more COVID-19 variants after Omicron — WHO recommends 2 new treatments — What "mild" really means when it comes to Omicron — Deaths are climbing as cases skyrocket.
  2. Vaccines: America's vaccination drive runs out of gas— Puerto Rico expands booster shot requirements— Supreme Court blocks Biden's vaccine mandate for large employers.
  3. Politics: Vivek Murthy calls SCOTUS vaccine mandate block "a setback for public health" — Focus group says Biden weak on COVID response, strong on democracy
  4. Economy: America's labor shortage is bigger than the pandemic— — CDC COVID guidance for cruise ships to be optional starting Saturday — The cost of testing.
  5. States: West Virginia governor feeling "extremely unwell" after positive test — Youngkin ends mandates for masks in schools and COVID vaccinations for state workers — America struggles to keep schools open
  6. World: Beijing reports first local Omicron case weeks before Winter Olympics — Teachers in France stage mass walkout over COVID protocols.
  7. Variant tracker