Marcellus Minutes is a subscription-based newsletter sent to all subscribers registered through the Marcellus Minutes website that contains information on legislation including bill tracking, committee hearings and news from the Capitol in Harrisburg. Access to the website is free and provided to those directly involved and those with an interest in Pennsylvania’s oil and gas industry.

Natural Gas Exports Are Ramping Up – What Does It Mean For The Commodity?

Back in the mid-2000s, the U.S. natural gas industry was in dire straits. Production was sagging and there were concerns that the U.S. would exhaust its reserves entirely within 10-20 years. As a result, many companies, including Cheniere Energy (NYSEMKT:LNG), began building multi-billion dollar liquefied natural gas import terminals along the Gulf Coast in anticipation of the U.S. meeting its natural gas demand through foreign imports. In a case of unfortunate timing, the growth of natural gas import terminals coincided with the arrival of the U.S. shale boom, driven by fracking and other advances in drilling technology.

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