American natural gas is fueling the world's future
https://www.washingtonexaminer.com/opinion/op-eds/american-natural-gas-is-fueling-the-worlds-futureJune 25, 2018
What fuels our future? That's the question we're asking this week at the World Gas Conference (WGC), which is being held here in the United States for the first time in 30 years. And the clear answer is American ingenuity and innovation, coupled with freedom and a commitment to developing all of our energy resources.
Thanks to this combination, our country is in the midst of a spectacular period of energy progress. Due to the resulting cascade of technological breakthroughs from the private sector and the federal government, the United States is producing abundant, affordable energy from a wider range of energy sources than anyone ever thought possible, and is using this energy more cleanly and efficiently as well.
Natural gas has been and remains a critical component of the nation's energy portfolio. In 1988, President Ronald Reagan spoke at the last WGC meeting held in the United States and stressed its importance as an affordable, secure and clean-burning fuel. That year, the United States produced just under 18 trillion cubic feet of natural gas and it accounted for less than 10 percent of our power mix. Last year, the United States produced nearly 29 trillion cubic feet of this fuel, and it was the single largest source of our electricity, accounting for 32 percent all U.S. production. We are now on track to reach record-breaking production levels, and natural gas now makes up nearly one-third of the country's electricity generation....
...We are already selling our natural gas to nearly 30 nations on five continents. Among these nations is India, which has entered into two long-term supply contracts with the United States' Sabine Pass and Cove Point export facilities and plans on increasing its number of LNG import terminals from four to 15. This partnership prompted the creation of the United States-India Strategic Energy Taskforce this spring, and together our two countries remain committed to increasing energy security and facilitating energy innovation.
Poland, meanwhile, is the beneficiary of the reliability and affordability that American LNG offers thanks to a long-term supply contract with Sabine Pass. The storage of American natural gas will help Poland strengthen its overall energy security and resiliency through an expansion of its fuel source imports....
