U.S. LNG Exports Hit New Record-High in First Half of 2021
On Tuesday the U.S. Energy Information Administration reported that due to rising spot demand in both the winter and summer months from Asia and Europe, and lower natural gas prices here in the U.S. versus the price elsewhere, LNG exports in the U.S. hit record hights for the first half of this year. That's good news for Marcellus/Utica drillers and landowners. LNG exports jumped to an average of 9.6 billion cubic feet per day (Bcf/d) between January and June 2021, up by 42% compared with the first half of 2020.
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