November 29, 2016
THE TRADINGEST PRESIDENCY EVER:
New Milestone: The U.S. Is Now a Net Exporter of Natural Gas (STEPHANIE YANG and ALISON SIDER, Nov. 28, 2016, WSJ)
The milestone comes less than a year after restrictions on most crude oil exports were lifted, allowing tankers of crude to be freely shipped overseas for the first time nearly half a century, and together they mark a significant and potentially permanent change in the way U.S. energy flows around the world. Overseas producers now have to deal with the growing clout of the U.S. energy industry, which is aggressively looking to ramp up its global market share to help offset a long period of low prices.
Posted by Orrin Judd at November 29, 2016 5:39 PM
