U.S. Natural Gas Exports Hit Highest Weekly Average EVER
During the week of March 24 (Tuesday) to March 30 (Monday) exports of natural gas from the Lower 48 States to other countries averaged more than 15 billion cubic feet per day (Bcf/d)–the highest weekly average for natgas exports EVER. Most of that amazing number comes from exports via LNG facilities–some 9.5 Bcf/d. The rest are exports via pipeline into Mexico–averaging 5.5 Bcf/d.
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Is this the beginning of a pullback from LNG projects? Scared of the impacts of the coronavirus and the price of oil crashing, Royal Dutch Shell is pulling out of a 50/50 joint venture partnership with Energy Transfer (ET) to build a new LNG export facility in Lake Charles, Louisiana. In corporate speak, Shell says, “This decision is consistent with the initiatives we announced last week to preserve cash and reinforce the resilience of our business,” and “the time is not right for Shell to invest.” Translation: We’re scared. And who can blame them? All of a sudden there are LNG cargoes sailing the oceans with no place to unload (see 
Shale Gas News is a weekly radio program that plays on three radio stations in Pennsylvania. Last weekend’s show featured a segment with Colin Grabow, a policy analyst at the Cato Institute’s Herbert A. Stiefel Center for Trade Policy Studies. Grabow’s research focuses on domestic forms of trade protectionism such as the Jones Act and the U.S. sugar program. Yes, the Jones Act again! During the segment, Grabow describes what the Jones Act is and how it negatively affects U.S. shale gas exports to places like New England and Puerto Rico (see 
Last June the DRBC (Delaware River Basin Commission) approved a request by New Fortress Energy to build a $96 million 1,600-foot-long pier/dock on the Delaware River, to be used for docking and loading two ships at a time with LNG (see 
Banpu, Thailand’s largest coal mining company, loves American shale gas. Over the past several years Banpu has invested ~$500 million in the PA Marcellus, going as far as building a new regional office in northeastern PA (see 
For many years the U.S. has imported natural gas. When you look at how much natural gas we import versus how much we now export, via LNG and pipelines, the difference is a number called “net exports.” The U.S. now exports more natural gas than it imports. The U.S. Energy Information Administration is fresh out with a report that says our “net export” number is set to *double* in the next two years.
A slight tweak and correction to a story we ran last week in which we speculated that the first four mini-trains at Kinder Morgan’s Elba Island LNG export facility are now up and running (see 
MDN previously reported in mid-December the very first load of Marcellus molecules liquefied at the Elba Island, Georgia LNG export facility was loaded onto a ship and headed to Pakistan (see 
Last June Philadelphia City Council voted to approve a $60 million Marcellus LNG export facility, to be built on property owned by Philadelphia Gas Works (see 
Our favorite government agency, the U.S. Energy Information Administration, brings us news that (so far) the lamestream press refuses to share. In September the United States exported 89,000 barrels per day (b/d) more petroleum (crude oil and petroleum products) than it imported. That’s the first month this has happened since monthly records began in 1973! The first time in recorded history! But not a peep from the press or their Big Green overlords. This is ALL due to the miracle of shale drilling.
For some time we’ve been concerned about competition for Marcellus/Utica gas coming from western Canada being piped to Canada’s East Coast (see 